$699,900

$725,000For salePrice drop↓ $25,100 (3%)

20 RED BAY Road, South Bruce Peninsula - Single Family for Sale

20 RED BAY Road, South Bruce Peninsula, Ontario, N0H2T0

6 beds3 baths14 parking1,750 ft²200 × 201 ft (40,200 sq ft) lot sizeListed 52 days ago

Overview

This 6-bedroom, 3-bathroom home in South Bruce Peninsula is for sale offering roughly 1,750 sq ft of space. It has been on the market 52 days, fresher than the South Bruce Peninsula average of 105 days.

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Description

Significant Price Reduction!! Custom built beautiful home that offers both style and versatility. What truly sets this property apart is the fully finished basement with its own outside entrance and a legal 3-bedroom apartment (has interior entrance). Whether you're seeking rental income, multi-generational living, or an in-law suite, this home adapts to your needs. Situated on nearly an acre in one of the Bruce Peninsula's most desirable areas, this property is minutes from Red Bay, Howdenvale, and Hope Bay, with their stunning sand beaches, and year-round outdoor adventure. Step inside to a bright and modern main floor featuring 3 spacious bedrooms, including a primary suite with an ensuite. The open-concept layout showcases vaulted ceilings, a sleek custom kitchen, and a cozy living area, perfect for entertaining or relaxing. Enjoy peaceful evenings from your private back deck with western views and unforgettable sunsets. The large double garage and workshop shed complete the package, offering plenty of storage for tools and toys. Move-in ready and ideally located just north of Wiarton, this is your chance to live, invest, and explore all the best of the Bruce. (id:66096)

Property Details

MLS®: X13787106
Property Type: Single Family
Zoning: R1A
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Parking: 14
Interior Size: 1,750 ft²
Lot Size: 200 × 201 ft (40,200 sq ft)
Frontage: 200 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Propane
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Ownership: Freehold

Rooms

Main level

Bedroom: 3.05 x 3.44 meters
Bathroom: 1.49 x 2.36 meters
Living room: 4.94 x 5.12 meters
Dining room: 3.84 x 2.21 meters
Kitchen: 3.84 x 3.35 meters
Bedroom: 3.17 x 3.44 meters
Bedroom: 3.81 x 4.15 meters
Dining room: 3.84 x 2.21 meters
Bathroom: 4.51 x 2.38 meters
Laundry room: 2.32 x 2.29 meters

Basement

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture, Garage door opener
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

South Bruce Peninsula listings, avg age

105d

Price / ft²

$400

List price

$700K

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 6-bed single family in South Bruce Peninsula has been listed for 52 days, which is 53 days fresher than the city average of 105. Act while there is still low competition.

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Listed by LPT Realty · ADAM LESPERANCE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $699,900, about 8.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$699,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$347/mo

Total monthly$3,978

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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