$725,000

For sale

1112 Dorcas Bay Road, Northern Bruce Peninsula - Single Family for Sale

1112 Dorcas Bay Road, Northern Bruce Peninsula, Ontario, N0H1Z0

4 beds1 bath6 parking900 ft²100 × 300 ft (30,000 sq ft) lot sizeListed 12 days ago

Overview

This 4-bedroom, 1-bathroom home in Northern Bruce Peninsula is for sale offering roughly 900 sq ft of space. Its $725,000 asking price sits right in line with the $699,000 median in Northern Bruce Peninsula. It has been on the market 12 days, fresher than the Northern Bruce Peninsula average of 136 days.

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Description

Enjoy waterfront living on a generous 0.71 acre property along Dorcas Bay Road in Northern Bruce Peninsula. This cottage or full time residence features a 4-bedroom, 1-bathroom raised bungalow with 104 feet of water frontage, offering plenty of space to enjoy the natural beauty of the Bruce Peninsula. The home features a walkout basement, providing convenient access to the outdoors, while the living room offers a wood burning fireplace for added warmth and ambiance alongside the home's primary electric baseboard heating. A fully paved laneway curves into the property, creating an inviting approach to the home. Outside, two storage sheds and a dedicated wood storage area provide practical space for tools, equipment and firewood. Adding exceptional convenience, the sale includes all contents, including the lawn mower, canoe and other items on the property, making this an opportunity to enjoy a waterfront property with much of what you need already in place. Whether you are looking for a year round residence or a place to enjoy the waterfront lifestyle, this property offers space, shoreline and the opportunity to make it your own. (id:66096)

Property Details

MLS®: X14110008
Property Type: Single Family
Zoning: R2, EH
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 100 × 300 ft (30,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Raised bungalow
Basement: Partial, Walk out, N/A
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 5 x 2.5 meters
Living room: 3.46 x 5.06 meters
Bathroom: 1.71 x 1.96 meters
Bedroom: 3.3 x 3.16 meters
Bedroom 2: 2.95 x 2.4 meters

Lower level

Living room: 2.9 x 2.84 meters
Bedroom 3: 2.91 x 2.84 meters
Bedroom 4: 3.03 x 2.91 meters
Utility room: 3.57 x 2.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater
Foundation: Block
Exterior: Wood
Lot Features: Irregular lot size, Sloping

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Northern Bruce Peninsula listings, avg age

136d

Price / ft²

$806

List price

$725K

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.

Haho

This 4-bed single family in Northern Bruce Peninsula has been listed for 12 days, which is 124 days fresher than the city average of 136. Act while there is still low competition.

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Listed by Chestnut Park Real Estate · BLANE JOHNSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $725,000, about 8.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $141,618 (20% down, 25-yr amortization, stress-tested) — roughly 65% 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)

$725,000· $806/ft²

For sale

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Full Cost Breakdown

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Down Payment6.55% · $47,500.00

Min 6.55%50%

Mortgage payment$3,756/mo

↳ CMHC premium ($27,100 capitalized)

Property tax (est.)$243/mo

Total monthly$4,000

Cash Needed to Close

Down payment (6.55%)$47,500

Land transfer tax$10,975

Est. closing costs$4,675

Total cash needed$63,150

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