$624,900

For sale

55 FORBES Road, Northern Bruce Peninsula - Single Family for Sale

55 FORBES Road, Northern Bruce Peninsula, Ontario, N0H2T0

4 beds2 baths10 parking282 × 398 ft (2.57 acres) lot sizeListed 169 days ago

Overview

This 4-bedroom, 2-bathroom home in Northern Bruce Peninsula is for sale. Listed at $624,900, it is attractively priced about 11% below the $699,000 median asking price in Northern Bruce Peninsula.

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Description

This raised BUNGALOW is situated on 3 acres of secluded land, this impressive property offers a unique blend of tranquility and convenience. Nestled amidst a canopy of trees, the home boasts a well-appointed kitchen with abundant oak cabinetry, a spacious living room with cathedral ceilings, and a hardwood floor. The walkout lower level features stylish ceramic tile flooring and a cozy woodstove, perfect for chilly evenings. This 2 bathroom and recently upgraded to include a fifth bedroom property also features a newly constructed wood shed and an upgraded 100-amp panel in the garage. Outdoor amenities include ample decking, storage shed, and a detached 24'x24' garage/workshop. The landscaped grounds provide a serene backdrop, offering a perfect balance of natural beauty and privacy.Located in the coveted Pike Bay/Whiskey Harbour area, this exceptional property presents an opportunity to enjoy a peaceful retreat just steps away from a municipal waterfront park that grants access to the beautiful Lake Huron on the Bruce Peninsula. (id:66096)

Property Details

MLS®: X13153346
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 10
Lot Size: 282 × 398 ft (2.57 acres)
Frontage: 282 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk out, N/A, N/A
Heating: Baseboard heaters, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Upper Level

Kitchen: 3.71 x 3.25 meters
Dining room: 2.67 x 6.02 meters
Bathroom: 2.42 x 2.53 meters
Bathroom: 1.73 x 1.22 meters
Living room: 5.21 x 5.69 meters
Bedroom: 3.43 x 3.53 meters
Bedroom: 2.79 x 3.58 meters
Laundry room: 2.41 x 1.7 meters

Lower level

Other: 2.26 x 4.24 meters
Recreational, Games room: 6.2 x 5.69 meters

Features

Appliances: Washer, Dishwasher, Dryer, Window Coverings, Water Heater
Foundation: Block
Lot Features: Wooded area, Level

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

169d

Northern Bruce Peninsula listings, avg age

137d

List price

$625K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by eXp Realty · LAURA LISK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $624,900, about 7.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 42% 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)

$624,900

For sale

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Full Cost Breakdown

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Down Payment6.00% · $37,490

Min 6.00%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,496 capitalized)

Property tax (est.)$228/mo

Total monthly$3,484

Cash Needed to Close

Down payment (6.00%)$37,490

Land transfer tax$8,973

Est. closing costs$4,375

Total cash needed$50,838

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