$575,000

For sale

626 Warner Bay Road, Northern Bruce Peninsula - Single Family for Sale

626 Warner Bay Road, Northern Bruce Peninsula, Ontario, N0H2R0

3 beds1 bath8 parking900 ft²115 × 158 ft (18,150 sq ft) lot sizeListed 116 days ago

Overview

This 3-bedroom, 1-bathroom home in Northern Bruce Peninsula is for sale offering roughly 900 sq ft of space. Listed at $575,000, it is attractively priced about 18% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 116 days, fresher than the Northern Bruce Peninsula average of 136 days.

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Description

TURN-KEY LAKE HURON WATERFRONT! Enjoy 115 feet of direct Lake Huron waterfront just 10 minutes from downtown Tobermory and 10 minutes from the main National Park entrance. 3 bedroom, 1 bathroom, just over 1,000sqft, all one level living with laundry! Charming wood interior throughout with exposed beams, built in dressers and locally made furniture. Enjoy your morning coffee or evening beverage from the covered wrap-around porch or soak up the sun on the open waterfront deck. Sold completely turn-key, everything is included right down to the boat! The property also offers a 13' x 8.5' workshop, 8' x 8' storage shed, and covered storage area for all your tools, toys, and cottage needs. Ready to enjoy from day one, you only need to pack your bags and relax here on Lake Huron! (id:66096)

Property Details

MLS®: X13552686
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 115 × 158 ft (18,150 sq ft)
Frontage: 115 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric, Wood
Cooling: Wall unit
Garage: No Garage
Waterfront: Yes
Ownership

Rooms

Main level

Primary Bedroom: 2.84 x 3.81 meters
Bedroom 2: 2.74 x 2.67 meters
Bedroom 3: 2.74 x 2.67 meters
Sitting room: 4.37 x 2.77 meters
Living room: 5.84 x 4.14 meters
Kitchen: 2.74 x 4.24 meters
Bathroom: 2.74 x 2.08 meters

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

Features

Appliances: Furniture
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Northern Bruce Peninsula listings, avg age

136d

Price / ft²

$639

List price

$575K

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 116 days, which is 20 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. · DYLAN DOLSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $575,000, about 6.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 31% 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)

$575,000· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$193/mo

Total monthly$3,201

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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