
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.
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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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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in South Bruce, South Bruce.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
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.
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.
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.
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.
The current listing price for 16 Peter Street, South Bruce, ON in South Bruce, South Bruce is $499,900.
This property features null bedrooms and null bathrooms.
16 Peter Street, South Bruce, ON is a Investment () featuring a basement.
Heating is provided via standard central heat and cooling via Yes.
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South Bruce, South Bruce
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
Data-driven valuation for 16 Peter Street S, South Bruce, ON N0G 2J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Bruce.
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.
Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce, South Bruce.
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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.
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