$520,000

For sale

7 Hamilton Place, South Bruce Peninsula - Single Family for Sale

7 Hamilton Place, South Bruce Peninsula, Ontario, N0H2G0

3 beds1 bath4 parking900 ft²66 × 89 ft (5,874 sq ft) lot sizeListed 9 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 $520,000, it is attractively priced about 13% below the $599,900 median asking price in South Bruce Peninsula. It has been on the market 9 days, fresher than the South Bruce Peninsula average of 103 days.

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Description

Welcome to this cozy 3-bedroom + loft, 4-season cottage or home in the sought after community of Sauble Beach! Enjoy owning a home with one of Ontario's most loved beaches. From the spacious front and rear decks, both ideal for outdoor seating or gathering around the backyard fire pit under the stars. Inside, you'll find a freshly painted interior, brand-new kitchen cabinets and countertops, and beautifully sanded, stained flooring throughout and many more improvements! This home offers both a propane furnace and a heat pump with AC for efficient heating/cooling. Two driveways makes having visitors easy... And the best - this stunning home is FULLY furnished and completely move-in ready, this versatile property has served as a primary residence and an already successful short-term rental. Just minutes from the beach, Sauble Falls, groceries, shopping, and even a stones throw from a canoe and kayak rental shop! This is truly the perfect spot to live year-round, as a much needed getaway or to grow your investment portfolio. (id:66096)

Property Details

MLS®: X14118912
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 66 × 89 ft (5,874 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Garage: No Garage
Ownership: Freehold
Property Tax: $2,198/yr
Listed: 9 days ago

Rooms

Main level

Bedroom: 2.91 x 4.05 meters
Bedroom 2: 2.55 x 2.4 meters
Bedroom 3: 255 x 2.3 meters
Living room: 3.31 x 5.08 meters
Dining room: 2.7 x 2.5 meters
Kitchen: 3.31 x 2.44 meters
Bathroom: 1.72 x 2.31 meters

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

Features

Foundation: Block
Exterior: Wood, Vinyl siding

Services

Water: Sand point
Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

South Bruce Peninsula listings, avg age

103d

Price / ft²

$578

List price

$520K

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 9 days, which is 94 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · ASHLEY LUBIMIV

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $520,000, about 6.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$520,000· $578/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $27,000

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,720 capitalized)

Property tax (est.)$183/mo

Total monthly$2,916

Cash Needed to Close

Down payment (5.19%)$27,000

Land transfer tax$6,875

Est. closing costs$4,060

Total cash needed$37,935

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