45 SHORE Drive, South Bruce Peninsula, ON

$750,000
MLS#:X10847506
2 beds
1 baths
< 700 sqft
5.0 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Property no longer active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-Raised detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium other and wood construction, this residence presents an exceptional opportunity offered at $750,000 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 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 80 x 220 ft lot
  • Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Propane Tank, Water Treatment, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Great lot on a year-round road at beautiful Chesley Lake! Enjoy excellent swimming, boating, and fishing with good water depth at the end of the dock. This 2-bedroom home features a full unfinished walkout on the waterside, with central forced air heating and cooling. Enjoy the screened in covered porch and the water views for days! The property boasts 80 feet of water frontage and a 220-foot-deep lot. It’s a well-landscaped property with useful outbuildings for all your toys. Located on a beautiful, low-traffic, no-exit road with lush hardwoods. Properties like this rarely come to market, so don't miss out. The potential here is outstanding. Bring your lake house visions to this A-plus property.

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Property Summary

This detached home located at 45 SHORE Drive, South Bruce Peninsula is currently for sale and has been available on SousaSells for 727 days. This property is listed at $750,000 with an estimated mortgage of $2,496* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 45 SHORE 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
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionOther, Wood
BasementWalk-Out, Unfinished
Lot Size80 × 220
CountyBruce
Annual Tax$3,955.37
Legal DescriptionLT 25 PL 525; SOUTH BRUCE PENINSULA

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Propane Tank, Water Treatment, Water Heater Owned

Security Features

Community Features

Location

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45 SHORE 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 45 SHORE Drive, South Bruce Peninsula, ON N0H 1A0

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$225,000 (30.0%)
* Minimum Canadian down payment required for this price is $50,000.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $525,000 over 30 years.
Purchase Price$750,000
Loan Amount$525,000
Provincial Land Transfer Tax:$11,475
Total Estimated Closing Taxes:$11,475

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $750,000 in South Bruce Peninsula, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.

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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.