108 Beech Street, South Bruce Peninsula, ON
Property no longer active
This property was sold on May 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,195,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 224 x 278 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Generator - Full, Guest Accommodations, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via ground source
Description
Located on the Bruce Trail and a one-minute walk from the beach this distinctive property is set on just under 1.5 acres in the peaceful community of Hope Bay. A captivating 2.5-story Victorian home, built in 1929, boasts original hardwood floors, grand foyer with elegant staircase and custom trim throughout. Third level features a fully equipped in-law suite, offering privacy and comfort. Adjacent to the home is a large, heated workshop/garage with attached double carport, ideal for storage or workspace. One of the property's standout features is the presence of six cozy cottages, four winterized. Each equipped with two bedrooms, 3-pc bathroom, kitchenette, dining area, deck and private firepit--perfect for guests or additional rental income. This well-maintained property is a true testament to pride of ownership with thoughtful care given to interior and exterior. Whether seeking a family retreat for years of cherished memories or looking for a revenue-generating business, this property offers exceptional potential. The current B&B and cottage rental setup presents a fantastic opportunity to unlock a substantial income stream. With the main house and six cottages, the investment possibilities are clear. Hope Bay offers unparalleled cottage lifestyle, surrounded by the stunning Niagara Escarpment. Enjoy breathtaking cliff views, hiking trails and nearby natural wonders - Bruce Trail, Hope Bay Nature Reserve and scenic Greig's Caves all within easy reach. Just a minute's walk from the property is a public sand beach, ideal for a relaxing day in the sun. The area offers a range of outdoor activities including mountain biking, cross-country skiing, snowmobiling, fishing and hunting. Conveniently located just 15 minutes from Lion's Head and a short drive from the town of Tobermory. Whether you choose to enjoy the peace of a family cottage compound or embrace the opportunity for a successful B&B and rental business, this property offers a truly unique living experience.
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Property Summary
This detached home located at 108 Beech Street, South Bruce Peninsula is currently for sale and has been available on SousaSells for 548 days. This property is listed at $1,195,000 with an estimated mortgage of $3,978* per month. It has 6 beds, 4 bathrooms, and is 2500-3000 square feet. 108 Beech 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Campground, Lake Access, School Bus Route, Wooded/Treed
Interior Features
Generator - Full, Guest Accommodations, In-Law Capability, On Demand Water Heater, Propane Tank, Separate Hydro Meter, Sump Pump, Water Softener, Water Treatment
Security Features
Monitored, Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 108 Beech 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 $1,195,000 in South Bruce Peninsula, the legal minimum down payment is $239,000 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 $20,375 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 $20,375.
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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.