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$650,000
Northern Bruce Peninsula
102 Cape Chin North Road, Northern Bruce Peninsula, Ontario, N0H1W0
This 5-bedroom, 4-bathroom home in Northern Bruce Peninsula is for sale offering roughly 2,750 sq ft of space. Listed at $650,000, it is attractively priced about 7% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 37 days, fresher than the Northern Bruce Peninsula average of 137 days.
NEW PRICE $650,000! Exceptional value on the Bruce Peninsula. Set on 3.2 private acres near Lion's Head, this unique turnkey property offers 3 winterized buildings and nearly 3,000 sq ft of finished living space. The property features an updated 3-bedroom main cottage, separate recreation/guest building and garage with finished garden suite. Currently generating income from both an active Airbnb and long-term tenant, offering excellent potential as a family retreat, investment property or multi-generational getaway. Enjoy 5 bedrooms, 4 bathrooms, 2 hot tubs, a large bonfire area, tree house, natural spring, pond and expansive private grounds. Year-round access on a municipally maintained road and just moments from the Bruce Trail and Fox Property, with Georgian Bay, Lake Huron, Lion's Head, the National Park and Grotto all within easy reach. Being sold fully furnished and ready to enjoy or continue operating as an income property. 3.2 acres, multiple buildings, established rental income and nearly 3,000 sq ft of finished space-all for $650,000. A rare combination of lifestyle, flexibility and income potential on the Northern Bruce Peninsula. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 137 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 5-bed single family in Northern Bruce Peninsula has been listed for 37 days, which is 100 days fresher than the city average of 137. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $650,000, about 7.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.