3 RANKIN Avenue, South Bruce Peninsula, ON

$989,900
MLS#:X10848104
3 beds
2 baths
1500-2000 sqft
7.0 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Property no longer active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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $989,900 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Separate Heating Controls, Water Treatment, On Demand Water Heater
  • equipped with other central cooling and highly efficient radiant heating

Description

Prime Location, Only 3 Blocks from a Beautiful Sandy Beach. Year Built: 2023. This modern bungalow offers a stunning slab-on-grade design, ensuring easy access and mobility with no stairs. The home features an in-floor heating system to keep you warm and cozy throughout the year. The spacious layout includes three generously sized bedrooms and two well-appointed bathrooms, with the master suite boasting an ensuite bathroom and a walk-in closet. The house is bright and airy, thanks to the large windows that let in plenty of natural light. The open-concept living area is enhanced by vaulted ceilings, creating a sense of space and openness. A covered patio provides the perfect spot for outdoor relaxation and entertaining. The kitchen is a chef’s dream with abundant cupboards and stainless steel appliances, offering both functionality and style. The garage doubles as an entertainment room, making it a versatile space for gatherings. Additionally, there is a large bonus area that serves as a mancave or she shed, complete with a three-piece bath, two sitting areas, and a fireplace, perfect for ultimate relaxation and entertainment. This contemporary bungalow is designed with energy-efficient features, including a modern in-floor heating system that ensures energy savings. Located just a short walk from sandy shores, this home offers the perfect blend of modern amenities and beachside living. It’s ideal for families or individuals seeking a stylish, comfortable home with plenty of space for entertaining and relaxation. Don’t miss out on this exceptional property! Call today for a viewing.

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Property Summary

This detached home located at 3 RANKIN Avenue, South Bruce Peninsula is currently for sale and has been available on SousaSells for 749 days. This property is listed at $989,900 with an estimated mortgage of $3,295* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 3 RANKIN 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
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementNone
CountyBruce
Annual Tax$824.04
Legal DescriptionPLAN 613 LOT 20

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat TypeRadiant
CoolingOther

Features

Property Features

Interior Features

Separate Heating Controls, Water Treatment, On Demand Water Heater, Water Heater Owned, Air Exchanger

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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3 RANKIN 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 3 RANKIN Avenue, South Bruce Peninsula, ON N0H 2G0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$296,970 (30.0%)
* Minimum Canadian down payment required for this price is $73,990.
Amortization Period30 Years
Estimated Monthly Payment$3,295Based on a loan of $692,930 over 30 years.
Purchase Price$989,900
Loan Amount$692,930
Provincial Land Transfer Tax:$16,273
Total Estimated Closing Taxes:$16,273

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $989,900 in South Bruce Peninsula, the legal minimum down payment is $73,990 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 $16,273 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 $16,273.

Similar Listings Nearby

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.