$469,000

For sale

76 BURMA Road, Northern Bruce Peninsula - Single Family for Sale

76 BURMA Road, Northern Bruce Peninsula, Ontario, N0H1W0

2 beds2 baths10 parking900 ft²165 × 1320 ft (5.00 acres) lot sizeListed 113 days ago

Overview

This 2-bedroom, 2-bathroom home in Northern Bruce Peninsula is for sale offering roughly 900 sq ft of space. Listed at $469,000, it is attractively priced about 33% below the $699,000 median asking price in Northern Bruce Peninsula. It has been on the market 113 days, fresher than the Northern Bruce Peninsula average of 137 days.

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Description

This private 5 acre - year round home, located just a short distance away from public boat launch just down the road. Property makes for a good starter home. Home is a story and a half - main floor living area with propane fireplace and a walkout to deck. There is a kitchen, combination three piece bathroom with laundry and an office/computer/sunroom at the rear with walkout. The second level has two bedrooms and a bathroom that could use some finishing touches. Across the yard is an oversized double detached garage (24' x 36') where plenty of action can happen from using it as a workshop or just the "cave" for hanging out! There is also a single detached garage and a Bunkie and outbuildings for storage. Property is 165 feet wide by 1320 feet deep and is located on a year round paved road. Less than a ten minute drive to Lion's Head and a short drive to Black Creek Provincial Park. Taxes: $2145.00. Please do not enter the property without an appointment. (id:66096)

Property Details

MLS®: X13569736
Property Type: Single Family
Zoning: RU2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 10
Interior Size: 900 ft²
Lot Size: 165 × 1320 ft (5.00 acres)
Frontage: 165 ft
Storeys: 1
Basement: None
Heating: Baseboard heaters, Electric, Propane, Other
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 3.7 x 6.45 meters
Kitchen: 3.45 x 3.55 meters
Sunroom: 4.77 x 1.77 meters
Bathroom: 2.99 x 2.89 meters
Mud room: 1.72 x 2.23 meters

Second level

Primary Bedroom: 6.55 x 3.25 meters
Bedroom: 2.28 x 3.65 meters
Bathroom: 1.81 x 1.21 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, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Lighting, Level

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

113d

Northern Bruce Peninsula listings, avg age

137d

Price / ft²

$521

List price

$469K

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 2-bed single family in Northern Bruce Peninsula has been listed for 113 days, which is 24 days fresher than the city average of 137. 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 $469,000, about 5.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 7% 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)

$469,000· $521/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$179/mo

Total monthly$2,649

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$5,855

Est. closing costs$3,907

Total cash needed$33,212

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