43 MITCHELL Street, South Bruce, ON

$895,000
MLS#:X11936694
3 beds
2 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Bruce. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $895,000 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 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 943.05 x 1200.5 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Water Softener
  • Efficient forced air heating via gas

Description

Discover the ultimate rural retreat in Teeswater with this exceptional property spanning approximately 20 acres. Nestled along the riverbank, this haven not only features a charming 3 bedroom, 1.5 bathroom home but also boasts a range of amenities for the discerning buyer. Step inside to find a recently updated kitchen adjoining a spacious dining area, perfect for entertaining. The cozey family room exudes warmth with a gas fireplace and retains its farmhouse allure. Practical main floor conveniences include laundry facilities and a half-bath. Upstairs three bedrooms await alongside a full bathroom. Outside, the landscape unfolds with a fully fenced pasture and ample space for cultivating your dream garden. A 21' x 40' barn with stalls and a sunroom, along with an additional shop, cater to your storage and hobby needs. Enjoy direct river access enhancing the property's serene ambiance. Offering immense potential, including possible residential development, this gem represents an outstanding investment. Don't miss the chance to explore this rare opportunity - contact your REALTOR today to arrange a viewing.

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Property Summary

This detached home located at 43 MITCHELL Street, South Bruce is currently for sale and has been available on SousaSells for 540 days. This property is listed at $895,000 with an estimated mortgage of $2,979* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 43 MITCHELL Street, South Bruce is in the South Bruce 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
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 5, 2025
Sold price information is available to members only
Listed Date1/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Full
Lot Size943.05 × 1200.5 Feet
CountyBruce
Annual Tax$2,604.15
Legal DescriptionFind in Realtor Remarks section

Parking & Garage

Parking Spaces1.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater, Water Softener

Security Features

Community Features

Location

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43 MITCHELL Street, South Bruce, 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 43 MITCHELL Street, South Bruce, ON N0G 2S0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$268,500 (30.0%)
* Minimum Canadian down payment required for this price is $64,500.
Amortization Period30 Years
Estimated Monthly Payment$2,979Based on a loan of $626,500 over 30 years.
Purchase Price$895,000
Loan Amount$626,500
Provincial Land Transfer Tax:$14,375
Total Estimated Closing Taxes:$14,375

About Purchasing a Home in South Bruce, ON

For a property listed at $895,000 in South Bruce, the legal minimum down payment is $64,500 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 $14,375 for this transaction. As this listing is in South Bruce (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce, South Bruce.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$659,253

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.