553 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 $529,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 78.43 x 199.94 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Water Heater Owned, On Demand Water Heater, Water Softener
- Efficient forced air heating via propane
Description
A private beach access just a two-minute walk away makes this beautifully updated cottage the perfect escape. Located just a five-minute drive from all the shops, restaurants, and attractions of Sauble Beach, this charming 3-bedroom cottage offers the ideal balance of convenience, privacy, and relaxation. Tucked back from the road and surrounded by mature trees, you'll love the peaceful setting that truly captures the essence of cottage living. Inside, the bright, welcoming interior has been thoughtfully updated, making it move-in ready with nothing left to do. The modern kitchen features updated appliances and flows into a spacious living area that's perfect for gathering with family and friends. Three comfortable bedrooms, a 4-piece bathroom with convenient main-floor laundry, and a generous primary bedroom complete the home. The primary suite also features its own private deck-an ideal spot to enjoy your morning coffee or unwind after a day at the beach. Beneath the home, a spacious crawl space houses the updated furnace and ductwork, offering added functionality and peace of mind. Whether you're searching for a four-season home, a seasonal getaway, or a turn-key cottage to start making memories, this property checks all the boxes, this is your opportunity to enjoy the very best of cottage life.
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Features
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Interior Features
Water Heater Owned, On Demand Water Heater, Water Softener, Water Purifier
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 553 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 $529,000 in South Bruce Peninsula, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.
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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.