16 Peter Street, South Bruce, ON

$499,900
MLS#:X12817962
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 16 Peter Street South Bruce ON listed at $499,900 (MLS# X12817962) - Main View
For Sale
Added:Nov 3, 2025(317 days ago)
Updated:May 4, 2026(135 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of South Bruce. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 75 x 132 ft lot size
  • equipped with yes central cooling and highly efficient gas hot water heating

Description

This property represents a compelling investment opportunity, particularly for those interested in converting it into a duplex and enjoying rental income benefits. With its generous size and well-considered layout, it easily accommodates two spacious units, each offering privacy and comfort. The presence of separate entrances ensures convenience and independence for both households, making it ideal for multi-generational living or rental income potential (a ramp could be added to rear entrance for accessibility purposes as main has wheelchair accessible 2 pc. bath). Additionally, the ample parking available - space for up to seven cars - further enhances the appeal for prospective tenants or owners. This building was once a beloved convent and later a bustling municipal office and library, not to mention the home of a well-loved scrapbook boutique where supplies were sold, and workshops held. Many adjustments were made by the present owners to accommodate this venture including expansion of parking, steel doors, fire safety, and more. Other noteworthy updates include a metal roof and modern boiler system, and electrical updates, offering peace of mind for years to come. Centrally located near schools, recreation centre and downtown, this unique combination of features positions the property as a versatile and attractive option for investors seeking strong returns and long-term value. (Note: Add water/sewer/garbage surcharge fee to annual taxes).

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Property Summary

This investment located at 16 Peter Street, South Bruce is currently for sale and has been available on SousaSells for 317 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 16 Peter Street, South Bruce is in the South Bruce neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in South Bruce, South Bruce.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Investment architecture in South Bruce, South Bruce
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$499,900
AddedNov 3, 2025 (317 days ago)
UpdatedMay 4, 2026 (135 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size75 Ă— 132 Feet
CountyBruce
Annual Tax$3,591
Rental ItemsWater softener - Culligan

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Hot Water
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

South Bruce Home Buyer Advisory & Market HubActive MLS® Listing in South Bruce, Ontario

Looking to Buy a Home in South Bruce?

If you are looking for a house in South Bruce or researching South Bruce real estate for sale, this investment at 16 Peter Street, South Bruce, ON offers an exceptional opportunity to buy a home in South Bruce, Ontario. Whether you are a first-time South Bruce home buyer or comparing active South Bruce MLS® homes for sale, working with a dedicated South Bruce buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

South Bruce Homes for Sale & MLS® Listings

Browse all verified South Bruce real estate listings, compare active South Bruce houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated South Bruce Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced South Bruce realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

South Bruce Buyer Budget & Costs

Estimated mortgage: $1,664*/month*. Estimated Ontario Land Transfer Tax: $6,473. First-time South Bruce home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in South Bruce

Frequently Asked Questions about 16 Peter Street, South Bruce, ON

Q.What is the asking price for 16 Peter Street, South Bruce, ON ?

The current listing price for 16 Peter Street, South Bruce, ON in South Bruce, South Bruce is $499,900.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 16 Peter Street, South Bruce, ON ?

16 Peter Street, South Bruce, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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16 Peter Street, South Bruce, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

South Bruce, South Bruce

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 16 Peter Street S, South Bruce, ON N0G 2J0

Estimated Sales Range
$475,000 - $490,000

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in South Bruce, ON

For a property listed at $499,900 in South Bruce, the legal minimum down payment is $24,995 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 $6,473 for this transaction. As this listing is in South Bruce (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.

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South Bruce, South Bruce Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$697,081

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%

Best Schools in South Bruce, South Bruce

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

South Bruce, South Bruce Demographic Home information

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.

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