101 Salem Road, South Bruce Peninsula, ON
Property no longer active
This property was sold on January 10, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $549,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 148.03 x 309.27 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient forced air heating via propane
Description
Wow the views! sitting on a hill this charming 2-bedroom 2-bathroom bungalow sits on just over an acre of peaceful property. The home has seen many updates, ensuring both comfort and peace of mind for its next owner. The basement was professionally waterproofed by Drybasement.com in 2011 and features a bathroom added in 2015, along with ceiling tiles installed in 2013. The electrical system was updated in 2012, and significant improvements were made to the well, including the installation of a deep well pump and jet pump in 2014. The roof was redone in 2011, complete with vents and eaves. Enjoy the outdoors on the spacious deck overlooking perennial gardens. Inside, the home offers forced air propane with a cozy propane fireplace and a finished basement with washroom. The property also includes a convenient two-car garage and ample parking space. This property combines modern updates with rural charm, making it the perfect place to call home. Centrally located, only 15 minutes from Owen Sound, 18 minutes from Wiarton, 15 minutes from Sauble and 23 minutes from Southampton. Dont miss out on this exceptional opportunity!
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Property Summary
This detached home located at 101 Salem Road, South Bruce Peninsula is currently for sale and has been available on SousaSells for 561 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 101 Salem Road, 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
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Beach, Campground, Golf, Lake Access, Lake/Pond, Park
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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 101 Salem Road, 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 $549,000 in South Bruce Peninsula, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.