503 Bay Street, South Bruce Peninsula, ON
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 $449,000 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 700-1100 sqft on a premium 132.35 x 165 ft lot
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Water Heater Owned
- Efficient baseboard heating via electric
Description
Welcome to the timeless charm of Oliphant. Set on a spacious double lot with beautiful views of Lake Huron just across the road, this classic 3-season cottage offers the kind of relaxed lakeside lifestyle that keeps families returning year after year. Lovingly enjoyed for generations, this cottage is full of character and provides a wonderful opportunity for those looking to enjoy the Bruce Peninsula at their own pace. While not a modern or luxurious retreat, it offers something increasingly difficult to find - a genuine cottage experience where days are spent at the beach, evenings are dedicated to spectacular sunsets, and memories are made with family and friends. Inside, you'll find a bright, open living space with a wood-burning fireplace, two bedrooms, one bathroom, and plenty of windows to take in the surrounding natural beauty. Outside, the generous lot provides ample room for outdoor games, campfires, entertaining, or future possibilities. Located directly across from the waters of Lake Huron, you'll enjoy easy access to swimming, boating, fishing, paddling, hiking, and everything that makes Oliphant such a sought-after destination. Whether you're searching for a seasonal getaway to enjoy as-is or a property with potential to make your own over time, this cottage offers an affordable opportunity to secure your place in one of the Bruce Peninsula's most beloved waterfront communities. Come experience the sunsets, the lake breezes, and the simple pleasures of cottage life in Oliphant.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Campground, Hospital, Marina, School Bus Route, School
Interior Features
Primary Bedroom - Main Floor, Propane Tank, Water Heater Owned
Security Features
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 503 Bay Street, South Bruce Peninsula, ON N0H 2T0
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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 $449,000 in South Bruce Peninsula, the legal minimum down payment is $22,450 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 $5,455 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 $5,455.
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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.