$499,900

For sale

225 Tammy's Cove Road, Northern Bruce Peninsula - Single Family for Sale

225 Tammy's Cove Road, Northern Bruce Peninsula, Ontario, N0H1W0

3 beds1 bath6 parking1,300 ft²199 × 200 ft (39,800 sq ft) lot sizeListed 10 days ago

Overview

This 3-bedroom, 1-bathroom home in Northern Bruce Peninsula is for sale offering roughly 1,300 sq ft of space. Listed at $499,900, it is attractively priced about 28% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 10 days, fresher than the Northern Bruce Peninsula average of 136 days.

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Description

Settle into the laid-back Bruce Peninsula lifestyle at 225 Tammy's Cove Road. Set on just under an acre near the end of a quiet road, this 3-bedroom, 1-bathroom property offers privacy, room to enjoy the outdoors, and public access to beautiful Miller Lake just a short walk away. Located on a year-round municipally maintained road, the home has seen numerous updates in recent years and is ready to enjoy. Inside, the sunken living room provides a comfortable gathering space, complete with a propane fireplace and a lovely setting to relax with your morning coffee while taking in the surrounding nature and wildlife. The outdoor setting offers plenty to appreciate, from the koi pond and fountain to the fire pit, where evenings can be spent enjoying time with family and friends. A recently stained deck extends the outdoor living space, while the circular driveway provides ample parking and two storage sheds offer convenient room for tools, toys, and recreational gear. Miller Lake is close at hand for swimming, boating, fishing, and enjoying time on the water, with hiking trails and the Bruce Peninsula's many natural attractions nearby. The Grotto is approximately 30 minutes away, and both Tobermory and Lion's Head are within easy driving distance. Whether you're looking for a place to escape on weekends, a home base for outdoor adventures, or a property with investment potential, this versatile offering provides an appealing opportunity to enjoy the area in every season. (id:66096)

Property Details

MLS®: X14116568
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 199 × 200 ft (39,800 sq ft)
Frontage: 199 ft
Storeys: 1
Style: Raised bungalow
Basement: Crawl space
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Foyer: 3.84 x 1.4 meters
Dining room: 2.57 x 2.59 meters
Kitchen: 2.97 x 2.95 meters
Living room: 6.25 x 4.09 meters
Primary Bedroom: 3.96 x 4.09 meters
Bedroom 2: 3.33 x 2.97 meters
Bedroom 3: 3.2 x 4.04 meters
Bathroom: 2.41 x 2.97 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Cul-de-sac, Wooded area, Irregular lot size, Flat site, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Northern Bruce Peninsula listings, avg age

136d

Price / ft²

$385

List price

$500K

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 3-bed single family in Northern Bruce Peninsula has been listed for 10 days, which is 126 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 · MARK MCDADE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $499,900, about 5.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 14% 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)

$499,900· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$185/mo

Total monthly$2,818

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice