1 PARK Street, South Bruce Peninsula, ON
Property no longer active
This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Propane Tank, Water Heater Owned
- equipped with other central cooling and highly efficient baseboard heating via propane
Description
Escape to this charming 3-bedroom cottage nestled in the tranquil setting of Red Bay, just steps from the beautiful shore of Lake Huron. Renowned for its family-friendly beach and breathtaking sunsets, this cozy retreat offers the perfect getaway. Inside, you'll find a well-appointed living space featuring a propane fireplace, a bright kitchen with rich wood cabinets, and one full bathroom. Each room is designed to evoke comfort and relaxation, making it ideal for families seeking a serene escape. Step outside to enjoy the beautifully landscaped yard, complete with a flagstone patio, gazebo, and multiple decks and seating areas, perfect for entertaining or quiet moments of reflection. Surrounded by nature yet conveniently located near the best of Bruce Peninsula’s amenities—whether you're looking for hiking trails, water activities, or local shops—this cottage offers the best of both worlds. Don’t miss out on this opportunity to own a peaceful retreat in the heart of Red Bay. Ideal for family getaways in a private setting.
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Property Summary
This detached home located at 1 PARK Street, South Bruce Peninsula is currently for sale and has been available on SousaSells for 677 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1 PARK Street, South Bruce Peninsula is in the South Bruce Peninsula neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Propane Tank, Water Heater Owned
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 PARK Street, South Bruce Peninsula, ON N0H 2T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in South Bruce Peninsula, ON
For a property listed at $650,000 in South Bruce Peninsula, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in South Bruce Peninsula (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.