468 Warner Bay Road, Northern Bruce Peninsula - Business for Sale
468 Warner Bay Road, Northern Bruce Peninsula, Ontario, N0H2R0
This business in Northern Bruce Peninsula is for sale. It has been on the market 50 days, fresher than the Northern Bruce Peninsula average of 135 days.
Description
Your Tobermory Waterfront Retirement Dream Awaits! Imagine a lifestyle where every day revolves around the water. This exceptional Tobermory waterfront property offers pristine Lake Huron shoreline, five thoughtfully updated cottages, and a main house for comfortable year-round living. Perfect for those approaching semi-retirement or seeking a more relaxed pace of life, this unique property offers the best of both worlds. Enjoy the comfort of the main house throughout the winter, then embrace cottage living during the warmer months. Wake up to the sound of the waves, enjoy morning coffee overlooking the water, spend sun-filled afternoons swimming, boating, or simply relaxing along the shoreline, and end each day with breathtaking sunsets over Lake Huron. With five cottages, there is plenty of room to welcome family and friends, create a private multi-generational retreat, or enjoy your own peaceful summer escape. When you're not using the cottages yourself, the existing accommodations also offer potential for short-term rental income, providing an opportunity to offset ownership costs while enjoying this remarkable waterfront setting. Located in the iconic Tobermory area, surrounded by crystal-clear waters, breathtaking natural beauty, and endless recreational opportunities, this is more than a waterfront property. It's an opportunity to create a lifestyle centered around relaxation, freedom, and the simple pleasure of living by the water. Enjoy the comfort of home in the winter. Embrace cottage life in the summer. Make every season a reason to love where you live. (id:66096)
Property Details
- MLS®
- X13786990
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- C3 Rh
- Parking
- 14
- Lot Size
- 8.40 acres
- Frontage
- 646 ft
- Cooling
- Fully air conditioned
- Property Tax
- $5,587.57/yr
- Listed
- 50 days ago
Features
- Appliances
- Washer, Dryer
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 50 days on market, against an average age of 135 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 77 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Northern Bruce Peninsula has been listed for 50 days, which is 85 days fresher than the city average of 135. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0H)
This home lists at $1,799,000, about 20.9× the local median household income of $86,000.
Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 309% above the area median.
- Median household income
- $86,000
- Population
- 53,674
- Median age
- 52.8
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N0H)
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$1,799,000
Northern Bruce Peninsula