Homula Realty Brokerage
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PT LT 36 Walter Charman Drive, Northern Bruce Peninsula, ON N0H 2M0

Vacant Land
$299,000
Property tax
$1,323 / year

A rare chance to own a stunning stretch of Lake Huron shoreline in the highly sought-after community on Walter Charmen Dr., Stokes Bay. This beautifully treed, exceptionally private waterfront lot offers the perfect canvas for your dream cottage or year-round home-whether you're seeking a peaceful retirement retreat or a recreational escape the whole family will love. With 105 feet of sparkling waterfront and approximately 556 feet of depth (irregular), the property provides generous space for designing a custom build, outdoor entertaining areas, a bunkie, or future amenities tailored to your lifestyle. The gentle slope toward the shoreline creates an ideal setting for private docking, effortless water access, and panoramic views of Lake Huron's world-renowned sunsets. Set among an enclave of high-quality homes and cottages, this location is known for its welcoming, family-friendly atmosphere and exceptional natural beauty. Enjoy swimming, kayaking, boating, fishing, stargazing, campfires, and endless days on the water all from your own private piece of the Bruce Peninsula. A driveway is already installed, and hydro and telephone services are available at the roadside. Located on a year-round paved municipal road with garbage and recycling pickup and winter maintenance, this property makes four-season living and hosting effortless. With its newly adjusted price positioning, this offering represents outstanding value for one of the Peninsula's most desirable waterfront settings. An exceptional opportunity for buyers looking for privacy, recreation, and room to create a truly unforgettable Lake Huron lifestyle. Create your family's legacy retreat on Walter Charman Drive-where natural beauty, tranquility, and lakeside living come together.

MLS number
X12628256
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0H 2M0
Photos
31
Laundry
Not in the unit
276days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$59,800 · minimum here is $14,950
$1,323.91per month
Borrowed before insurance$239,200
Total borrowed$239,200
Interest over 25 years at 4.5%$157,972

If you rented it out

-$1,434.16per month out of pocket
Rent$0.00
Everything it costs to hold$1,434.16
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by LPT Realty. Listing data provided by the Toronto Regional Real Estate Board.