561 Gould Street, South Bruce Peninsula, Ontario, N0H2T0




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$489,000
South Bruce Peninsula
This 8-bedroom, 5-bathroom home in South Bruce Peninsula is for sale. Listed at $489,000, it is attractively priced about 18% below the $599,900 median asking price in South Bruce Peninsula. It has been on the market 98 days, fresher than the South Bruce Peninsula average of 105 days.
Welcome to 561 Gould St - a striking 1895 century home packed with potential and ready for your vision. With valuable multi-residential zoning, this property opens the door to high-return opportunities: bed-and-breakfast, lodging facility, senior or group home, duplex, or profitable short-term rentals. Investors will appreciate the size, character, and flexibility, while buyers with a bit of TLC in mind can transform this into something truly special. Perched on the escarpment with seasonal bay views and just steps from downtown and Georgian Bay, this home offers location, charm, and endless possibilities. A rare chance to create something remarkable- don't miss it. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 105 days across the listings currently for sale in this city
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.
This 8-bed single family in South Bruce Peninsula has been listed for 98 days, which is 7 days fresher than the city average of 105. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $489,000, about 5.7× the local median household income of $86,000.
Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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