$595,000

For sale

51 Lakewood Country Lane, Northern Bruce Peninsula - Single Family for Sale

51 Lakewood Country Lane, Northern Bruce Peninsula, Ontario, N0H1W0

3 beds2 baths4 parking1,300 ft²190 × 357 ft (1.56 acres) lot sizeListed 30 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 $595,000, it is attractively priced about 15% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 30 days, fresher than the Northern Bruce Peninsula average of 136 days.

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Description

This is a wonderful chance to experience country living in the beautiful Lakewood Community. This custom-built bungalow sits on a spacious 1.6-acre lot (190 feet wide by 357 feet deep), offering exceptional privacy surrounded by mature evergreens. Inside, you'll find an inviting open-concept layout that combines the living room, dining area, and kitchen. The kitchen features custom cabinetry and an island for extra workspace. A cozy propane fireplace warms the living area, and a walkout leads to a wraparound veranda-an ideal spot for barbecuing or simply enjoying the peaceful natural surroundings. The home includes three bedrooms and a four-piece main bathroom. The primary bedroom has its own three-piece ensuite. Hardwood flooring runs throughout the main living areas, with ceramic tile in both bathrooms. In-floor heating adds comfort, and the home has been meticulously maintained. The property is beautifully landscaped, with flagstone and paver-stone pathways around the home. A storage shed provides additional space for outdoor tools and equipment. Lakewood Community offers access to scenic hiking trails and a boardwalk leading to a 70-acre inland lake. A short drive brings you to Black Creek Provincial Park, where you can enjoy a sandy public beach, swimming, and stunning sunsets. Nearby Lion's Head provides convenient amenities, including grocery shopping, a library, marina, beach, hospital, clinic, and more. The home is located on a year-round paved road, with rural services such as garbage pickup and snow removal available. Taxes are $3,150.00. Whether you're looking for a full-time residence or a four-season escape from the hustle and bustle, this property could be an excellent choice. Please do not enter the property without an appointment. Surveillance cameras are on site. (id:66096)

Property Details

MLS®: X13874032
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 190 × 357 ft (1.56 acres)
Frontage: 190 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Radiant heat, Propane
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 6.09 x 5.23 meters
Kitchen: 5.91 x 3.88 meters
Primary Bedroom: 4.62 x 3.65 meters
Bedroom 2: 3.58 x 3.27 meters
Bedroom 3: 4.03 x 3.58 meters
Bathroom: 2.32 x 1.74 meters
Bathroom: 2.9 x 1.74 meters
Laundry room: 1.82 x 0.91 meters

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

Features

Appliances: Refrigerator, Stove, Microwave, Storage Shed, Water Heater
Foundation: Block, Poured Concrete, Slab
Exterior: Vinyl siding
Lot Features: Wooded area, Partially cleared, Level, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Northern Bruce Peninsula listings, avg age

136d

Price / ft²

$458

List price

$595K

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 30 days, which is 106 days fresher than the city average of 136. Act while there is still low competition.

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Listed by RE/MAX Grey Bruce Realty Inc. · BARBARA DIRCKX

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $595,000, about 6.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 35% 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)

$595,000· $458/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$263/mo

Total monthly$3,370

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$8,375

Est. closing costs$4,285

Total cash needed$47,160

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