12 1ST Avenue, South Bruce Peninsula, ON

$399,900
MLS#:X10847099
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 29, 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 wood and wood construction, this residence presents an exceptional opportunity offered at $399,900 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 on a premium 80 x 150 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via electric

Description

Escape to this cozy 3-bedroom, 1-bath cottage nestled in the serene setting of Mallory Beach. Whether you're looking for a year-round home or a peaceful summer getaway, this property offers both comfort and potential at an affordable price. Enjoy evenings on the front porch or take a short stroll to the waterfront to experience the beauty of Georgian Bay. Ideal for first-time homeowners or those seeking a cottage retreat, this gem is move-in ready and offers plenty of opportunity for future updates. Embrace the tranquility of Mallory Beach while staying close to nearby amenities and outdoor adventures. A rare find in today’s market – don’t miss out on this affordable and picturesque retreat!

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Property Summary

This detached home located at 12 1ST Avenue, South Bruce Peninsula is currently for sale and has been available on SousaSells for 652 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 12 1ST Avenue, 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
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood , Wood
BasementUnfinished, Partial Basement
Lot Size80 × 150
CountyBruce
Annual Tax$1,686
Legal DescriptionLT 50 PL 421 S/T INTEREST IN R257389; SOUTH BRUCE PENINSULA

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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12 1ST Avenue, 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 12 1ST Avenue, 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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $399,900 in South Bruce Peninsula, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.

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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.