$559,000

For sale

290 Myles Bay Shore Road, Northern Bruce Peninsula - Single Family for Sale

290 Myles Bay Shore Road, Northern Bruce Peninsula, Ontario, N0H1W0

3 beds2 baths11 parking1,300 ft²100 × 150 ft (15,000 sq ft) lot sizeListed 21 days ago

Overview

This 3-bedroom, 2-bathroom home in Northern Bruce Peninsula is for sale offering roughly 1,300 sq ft of space. Listed at $559,000, it is attractively priced about 20% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 21 days, fresher than the Northern Bruce Peninsula average of 137 days.

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Description

Welcome to your private sanctuary on the Bruce Peninsula. Nestled amidst towering forest on three sides, this contemporary design 3-bedroom, 2-full-bath home (or year-round cottage) blends modern comfort with peaceful country living. Located just a short walk from the shores of Lake Huron at Bear Creek Day Park with amazing Sandy Beach, this move-in-ready property offers the ideal coastal escape. Step inside to an open-concept main floor with dramatic vaulted ceilings and natural light from expansive windows. The open concept Great Room features a wood-stove fireplace that is also in view from kitchen and dining areas. Home is upgraded for energy efficiency and year-round comfort - a modern heat pump (4 years old) providing heating & central cooling, a newer roof (5 years), 200amp electrical w/plug-in ready generator system & Starlink Internet System included. Designed for main-level living, a primary bedroom & full 4pc bathroom is situated on the main floor, offering ultimate convenience. Upstairs offers two additional bedrooms 3pc bathroom+laundry providing ample space for hosting family, friends, or vacation guests. Outdoors, the property shines with privacy. Enjoy time on the deck listening to the surrounding nature, shielded by lush forest on three sides. Store your boat, toys or trail gear in the oversized detached garage which has hydro and doubles as a workshop or extra storage. Two 10x8 sheds and another 6x10 wood shed for extra storage. Beyond your doorstep, outdoor adventure awaits. Take a gentle walk to Sandy Beach to swim, launch a kayak, or catch world-class Lake Huron sunsets or launch a boat at the municipal launch 5mins away. A 10min drive brings you into the village of Lion's Head for shopping, Bruce Trail access, public school, & hospital w/24-hr emerg., marina & Georgian Bay boat launch. Whether you're searching for a turnkey year-round residence or a 4-season getaway, 290 Myles Bay Shore Road delivers the ultimate Bruce Peninsula lifestyle. (id:66096)

Property Details

MLS®: X14085924
Property Type: Single Family
Zoning: R2 - Resort-Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 11
Interior Size: 1,300 ft²
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 2
Basement: Crawl space
Heating: Heat Pump, Baseboard heaters, Electric, Wood
Cooling: Wall unit
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Foyer: 3.33 x 1.5 meters
Great room: 6.68 x 3.81 meters
Dining room: 2.59 x 2.82 meters
Kitchen: 2.69 x 2.95 meters
Bedroom: 3.18 x 3.81 meters
Bathroom: 2.82 x 1.65 meters
Other: 1.73 x 0.86 meters

Second level

Bedroom 2: 4.01 x 2.84 meters
Bedroom 3: 4.14 x 0.87 meters
Bathroom: 2.82 x 1.83 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, Water softener, Stove, Dryer, Microwave, Freezer, Water Heater
Foundation: Poured Concrete
Exterior: Vinyl siding, Brick Veneer
Lot Features: Wooded area, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Northern Bruce Peninsula listings, avg age

137d

Price / ft²

$430

List price

$559K

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 21 days, which is 116 days fresher than the city average of 137. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · CHRIS AMYOT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $559,000, about 6.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$559,000· $430/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$180/mo

Total monthly$3,107

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$7,655

Est. closing costs$4,177

Total cash needed$42,732

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