7 LAKESIDE Place, South Bruce Peninsula, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $525,000 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 1100-1500 sqft on a premium 101 x 152.98 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Workbench, Water Heater, Sump Pump
- Efficient baseboard heating via gas
Description
This delightful three-bedroom, one-bath bungalow offers the perfect blend of tranquility and convenience, located near Silver Lake and just minutes from Sandy Sauble Beach. Ideal for year-round living ,a seasonal retreat, or rental investment, this home features an open concept kitchen with sliding doors to a 2 tier deck with over 350 sq. ft of outdoor living space. The sunken living room has a cozy gas fireplace and vaulted ceiling. Additionally, a separate entrance leads to a 500 sq. ft. workshop/hobby room, to work on your hobbies or additional storage space. Newer front roof and wired in generator. Surrounded by mature trees and shrubs, a few steps from the backyard, a path leads to Silver Lake for kayaking, canoeing, and fishing. With 1300 sq. ft. of living space, this charming bungalow is ready for your design ideas & personal touch. Peaceful location, mature lot on a quiet crescent. Don’t miss the chance to own this versatile property and create lasting memories in a home that truly has it all.
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Parking & Garage
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Interior Features
Workbench, Water Heater, Sump Pump
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 LAKESIDE Place, South Bruce Peninsula, ON N0H 2G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in South Bruce Peninsula, ON
For a property listed at $525,000 in South Bruce Peninsula, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.
