$449,900

$462,200For salePrice drop↓ $12,300 (3%)

25 Avele Road, South Bruce Peninsula - Single Family for Sale

25 Avele Road, South Bruce Peninsula, Ontario, N0H2T0

3 beds1 bath8 parking1,300 ft²102 × 148 ft (15,096 sq ft) lot sizeListed 73 days ago

Overview

This 3-bedroom, 1-bathroom home in South Bruce Peninsula is for sale offering roughly 1,300 sq ft of space. Listed at $449,900, it is attractively priced about 25% below the $599,900 median asking price in South Bruce Peninsula. It has been on the market 73 days, fresher than the South Bruce Peninsula average of 104 days.

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Description

Beautiful four-season property just minutes from Lake Huron in gorgeous Red Bay! This lovely year-round bungalow is situated on a quiet street and backs onto private green space, offering excellent backyard privacy. Just a short walk to beautiful Red Bay Beach and Lake Huron's famous sunsets. Set on a large, secluded lot surrounded by mature trees, this property offers ample parking, a bunkie, a beautiful shop, and a single attached garage.The main house features a functional layout with bright living spaces, a great kitchen with oak cupboards and centre island, stainless steal appliances and offers 2 bedrooms and 1 bathroom. Enjoy the convenience of main-floor living with everything you need all on one level, including laundry and ample storage. The bright and spacious living room features a large window providing an abundance of natural light, complemented by a cozy propane stove to keep you warm on the cooler nights. The loft in the shop features heated floors throughout and with a little work the living space above the shop could be spectacular! Additional highlights include stainless steel appliances, upgraded windows within the last few years, an upgraded water filtration system, a steel roof and newer updated septic tank, bed and system. The heated and insulated garage is a huge bonus with a bathroom and living space above ready to be finished to your liking! Relax and unwind in the hot tub, gather around the fire pit under the stars, and enjoy summer barbecues on the spacious back deck. A unique property with great potential! (id:66096)

Property Details

MLS®: X13710554
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 102 × 148 ft (15,096 sq ft)
Frontage: 102 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Baseboard heaters, Electric, Propane
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 7.05 x 4 meters
Bedroom: 4.47 x 3.13 meters
Bedroom 2: 3.17 x 2.65 meters
Bathroom: 2.19 x 1.25 meters
Dining room: 4 x 3.7 meters
Laundry room: 6 x 2.3 meters
Workshop: 7 x 6.92 meters

Second level

Bedroom: 4.8 x 1.7 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, Jacuzzi, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Wooded area, Flat site, Conservation/green belt

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

South Bruce Peninsula listings, avg age

104d

Price / ft²

$346

List price

$450K

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 73 days, which is 31 days fresher than the city average of 104. Act while there is still low competition.

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Listed by Royal LePage D C Johnston Realty · TRACY DOLL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $449,900, about 5.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $87,881 (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)

$449,900· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$215/mo

Total monthly$2,584

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice