$450,000

For sale

94 Maple Drive, Northern Bruce Peninsula - Single Family for Sale

94 Maple Drive, Northern Bruce Peninsula, Ontario, N0H1Z0

3 beds2 baths8 parking100 × 150 ft (15,000 sq ft) lot sizeListed 166 days ago

Overview

This 3-bedroom, 2-bathroom home in Northern Bruce Peninsula is for sale. Listed at $450,000, it is attractively priced about 36% below the $699,000 median asking price in Northern Bruce Peninsula.

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Description

Welcome to your ultimate Bruce Peninsula escape in the highly sought-after community of Miller Lake. This fully winterized raised bungalow sits on a large, private lot and offers incredible versatility as a permanent home, a lucrative rental property, or a cherished family cottage filled with years of happy memories. The bright, inviting interior features a fully finished walk-out lower level that doubles your living space, while the generous, tree-lined property provides maximum privacy just a short, easy walk from the pristine shores of the lake. Centrally located on the peninsula, this home serves as the perfect year-round launchpad for both summer adventures like swimming, boating, and kayaking, and winter activities like snowmobiling and snowshoeing. You are just minutes from local dining, a short drive from the famous Grotto at Bruce Peninsula National Park, and the vibrant shops of Tobermory. Outdoor enthusiasts will love the immediate proximity to the world-renowned Bruce Trail for endless hiking, as well as the breathtaking limestone cliffs, sandy beaches, and local amenities in nearby Lion's Head. Whether you want to invest, relocate, or secure your own four-season sanctuary, this turn-key gem delivers the ultimate peninsula lifestyle. (id:66096)

Property Details

MLS®: X13167246
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 8
Lot Size: 100 × 150 ft (15,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Walk out, N/A
Heating: Baseboard heaters, Forced air, Oil, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,059/yr
Listed

Rooms

Main level

Kitchen: 3.48 x 1.85 meters
Dining room: 4.62 x 3.43 meters
Living room: 4.7 x 4.09 meters
Bedroom: 4.6 x 2.99 meters
Bedroom 2: 3.48 x 3.15 meters

Lower level

Family room: 8.69 x 4.7 meters
Bedroom 3: 4.6 x 3.76 meters
Utility room: 3.48 x 2.71 meters

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

Features

Appliances: All, Central Vacuum, Water Heater
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Wooded area

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

166d

Northern Bruce Peninsula listings, avg age

137d

List price

$450K

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 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 RE/MAX Grey Bruce Realty Inc. · LIANNE TIMBERS-SHARP

Area context

Neighbourhood profile (N0H)

This home lists at $450,000, about 5.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$450,000

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$172/mo

Total monthly$2,542

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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