23 BAY Drive, South Bruce Peninsula, ON

$699,000
MLS#:X10846786
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 97.38 x 179.46 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient heating via wood

Description

Escape to tranquility with this charming waterfront cottage in the serene community of Howdenvale. Nestled on a pie shaped private lot, this idyllic retreat perfectly blends rustic charm with modern comforts. Enjoy stunning panoramic views of the bay from the front of the cottage looking out over the water. Inside, the open-concept living area features exposed wooden beams, a cozy stone fireplace with wood burning insert, and large windows that flood the space with natural light. The updated kitchen boasts charming oak cupboards, granite countertops, and a large island. The cottage offers 2 main floor bedrooms, primary with walk out towards the waterfront, updated bathroom, gorgeous tongue and grove pine provide a charming feel when you enter the cottage. Step outside towards the waterfront and find a private front yard with a firepit, deck with patio table for drinks or a meal and a natural rocky shoreline that is absolutely stunning. The spacious yard, surrounded by mature trees, offers ample space for outdoor activities and relaxation. Whether you're seeking a peaceful weekend getaway or a summer haven, this Howdenvale cottage is your perfect escape. Experience the best of both worlds—rustic charm with contemporary convenience. Don't miss this rare opportunity to own a piece of waterfront paradise.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionStone, Vinyl Siding
BasementUnfinished, Crawl Space
Lot Size97.38 × 179.46
CountyBruce
Annual Tax$2,472
Legal DescriptionPT LT 39 PL 278, PTS 1, 2, & 3 3R9271; S/T EASEMENT OVER PT LT 39 PL 278, PT 1 3R9271 AS IN AL7452 TOGETHER WITH AN EASEMENT AS IN AL7452 TOWN OF SOUTH BRUCE PENINSULA

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceWood
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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23 BAY Drive, South Bruce Peninsula, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 23 BAY Drive, South Bruce Peninsula, ON N0H 2T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Bruce Peninsula.

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Interest Rate5.25%
Down Payment$44,900 (6.4%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period25 Years
Estimated Monthly Payment$3,898Based on a loan of $654,100 over 25 years.
Purchase Price$699,000
Loan Amount$654,100
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $699,000 in South Bruce Peninsula, the legal minimum down payment is $44,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,455 for this transaction. As this listing is in South Bruce Peninsula (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce Peninsula, South Bruce Peninsula.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$624,779

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.