$299,000

For sale

Concession 2, South Bruce Peninsula - Single Family for Sale

Concession 2, South Bruce Peninsula, Ontario, N0H2T0

3 beds0 baths0 parking350 ft²151 × 380 ft (1.31 acres) lot sizeListed 37 days ago

Overview

This 3-bedroom home in South Bruce Peninsula is for sale offering roughly 350 sq ft of space. It has been on the market 37 days, fresher than the South Bruce Peninsula average of 103 days.

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Description

Welcome to your private lakeside getaway on beautiful Isaac Lake in South Bruce Peninsula. Set on 1.5 acres, this rare waterfront property offers the perfect setting for a peaceful summer retreat, family fishing weekends, or a cozy year-round fishing/hunt camp. Tucked away in nature, the property includes a main cabin, two sleeping cabins, a kitchen cabin, and a storage shed giving you a flexible and functional layout for entertaining, relaxing, or hosting guests. Spend your days kayaking, canoeing, fishing, or boating right from your own shoreline, and your evenings around the fire under a canopy of stars. Shower set up with hot water for after your day of activities. Conveniently located just 12 minutes to Wiarton for groceries, shops, and hospital services, 15 minutes to Ferndale for gas and restaurants, and 22 minutes to Lions Head for additional amenities. This is the kind of place where memories are made, a quiet, nature-filled retreat where the water is calm, the air is fresh, and the possibilities are endless. (id:66096)

Property Details

MLS®: X13835934
Property Type: Single Family
Zoning: RU-1 / EH-1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 0
Parking: 0
Interior Size: 350 ft²
Lot Size: 151 × 380 ft (1.31 acres)
Frontage: 151 ft
Heating: Wood
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Property Tax: $456.39/yr
Listed: 37 days ago

Features

Foundation: Wood/Piers
Exterior: Wood
Lot Features: Wooded area

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

South Bruce Peninsula listings, avg age

103d

Price / ft²

$856

List price

$299K

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 37 days, which is 66 days fresher than the city average of 103. 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 $299,000, about 3.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$299,000· $856/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$38/mo

Total monthly$1,613

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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