116 GOLDEN POND Drive, South Bruce Peninsula, ON

$895,000
MLS#:X10847497
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active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 vinyl siding construction, this residence presents an exceptional opportunity offered at $895,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 131 x 229 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Workbench, Water Treatment, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Truely Amazing WATERVIEWS from this spectacular 2720 sq ft 3 bedroom, 2 bathroom Bungalow on a large 131ft x 229ft pie shaped lot zoned R3 on the very desirable Gould Lake Peninsula. The interior offers a open concept kitchen with sunken water view living room, inside complimented by hardwood maple flooring, ceramic tile along with linoleum in the laundry/foyer off of the oversized 22ft X 36ft insulated garage. The custom kitchen cabinetry is pine with ample storage and prep area there is also pine ceilings in the living room giving a feeling of warmth and rustic cottage charm. There are 2 good sized bedrooms on the main level with walk out decks also a 4pc nicely appointed main bathroom. Moving to the lower level there is a good sized bedroom with 3 PC bathroom along with a large family room and a walkout to the water view patio under the deck. The primary heat source is a forced air propane forced furnace with central air and wood stove in the family room which the current owner mainly uses as a heat source heating the entire home. There is also a workshop, storage area, utility room and cool. Follow your own pathway from the rear of the home to the private boat launch and slip with a swimming park area. This magnificent family home is centrally located close to Sauble Beach, Port Elgin, Southampton, Wiarton,Owen Sound and the Bruce Peninsula. There also so much to do right at your door with swimming, water skiing, boating, great fishing and the memory making camp fires. There is a 260 ft drilled well water supply with iron filtration and softener system, class 4 septic system and a 200amp breaker panel. Access to your new home is on Golden Pond Drive which is municipally maintained school bus route with Garbage/Recycling Collection. There is lake access in numerous areas and also offers a private boat launch with boat slip included. I thinks that has ticked all the boxes, Oh wait, one more........ You.

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Property Summary

This detached home located at 116 GOLDEN POND Drive, South Bruce Peninsula is currently for sale and has been available on SousaSells for 751 days. This property is listed at $895,000 with an estimated mortgage of $2,979* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 116 GOLDEN POND Drive, 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

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished, Full
Lot Size131 × 229
CountyBruce
Annual Tax$3,711.69
Legal DescriptionPCL 23-1 SEC 3M110; LT 23 PL 3M110; SOUTH BRUCE PENINSULA

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Workbench, Water Treatment, Water Heater Owned, Water Softener, Central Vacuum

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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116 GOLDEN POND Drive, South Bruce Peninsula, ON
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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 116 GOLDEN POND Drive, South Bruce Peninsula, ON N0H 2T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Bruce Peninsula.

Configure Loan Settings

Interest Rate4.00%
Down Payment$268,500 (30.0%)
* Minimum Canadian down payment required for this price is $64,500.
Amortization Period30 Years
Estimated Monthly Payment$2,979Based on a loan of $626,500 over 30 years.
Purchase Price$895,000
Loan Amount$626,500
Provincial Land Transfer Tax:$14,375
Total Estimated Closing Taxes:$14,375

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $895,000 in South Bruce Peninsula, the legal minimum down payment is $64,500 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 $14,375 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 $14,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce Peninsula, South Bruce Peninsula.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$673,129

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.