$569,000

For sale

16 Youngs Drive, South Bruce Peninsula - Single Family for Sale

16 Youngs Drive, South Bruce Peninsula, Ontario, N0H1X0

3 beds1 bath4 parking900 ft²100 × 142 ft (14,200 sq ft) lot sizeListed 44 days ago

Overview

This 3-bedroom, 1-bathroom home in South Bruce Peninsula is for sale offering roughly 900 sq ft of space. Listed at $569,000, it is attractively priced about 5% below the $599,900 median asking price in South Bruce Peninsula. It has been on the market 44 days, fresher than the South Bruce Peninsula average of 103 days.

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Description

Red Bay on the beautiful shores of Lake Huron! features 100 feet on Lake Huron shoreline complete with a private dock and a charming seasonal chalet-style cottage offering just under 1,100 sq. ft. of living space. With three bedrooms and one bathroom, this inviting retreat has seen several important updates, including a newer electrical panel and exterior electrical receptacles (approximately four years ago), shingle roof (approximately 10 years old), and a hot water heater (approximately four years old). A picturesque pond further enhances the property's peaceful, natural setting. Spend your days on the water, enjoy unforgettable Lake Huron sunsets, and create lasting memories at this waterfront escape (id:66096)

Property Details

MLS®: X13811056
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 100 × 142 ft (14,200 sq ft)
Frontage: 100 ft
Storeys: 1
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,037.51/yr
Listed

Rooms

Main level

Living room: 5.18 x 3.54 meters
Kitchen: 9.1 x 5.2 meters
Dining room: 10.4 x 8.9 meters
Primary Bedroom: 4.08 x 2.74 meters
Bedroom 2: 3.78 x 2.74 meters

Second level

Bedroom 3: 5.09 x 3.84 meters
Other: 3.96 x 1.95 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, Water Heater
Foundation: Wood/Piers
Exterior: Wood
Lot Features: Carpet Free

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

South Bruce Peninsula listings, avg age

103d

Price / ft²

$632

List price

$569K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 94.4 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 South Bruce Peninsula has been listed for 44 days, which is 59 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · DAWN-RENEE MACDONALD-WUNDERLICH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $569,000, about 6.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$569,000· $632/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$253/mo

Total monthly$3,231

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$7,855

Est. closing costs$4,207

Total cash needed$43,962

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