Homula Realty Brokerage
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798 Dorcas Bay Road, Northern Bruce Peninsula, ON N0H 2R0

3 beds · 2 baths · 1 kitchen · 10 rooms · 5 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$699,000
Property tax
$2,971 / year

Arrive, exhale, and unwind - this is where lake life begins. Whether you're coming home or settling in for an extended stay, this beautiful Lake Huron waterfront property offers the peace, space, and scenery you've been dreaming of. Enjoy stunning Lake Huron views, unforgettable sunsets, and a family-friendly shoreline perfect for making lifelong memories. With 3 bedrooms, 2 full bathrooms, and nearly 1,500 sq. ft. of living space, this well-appointed four-season home or cottage is designed for comfort in every season. Start your mornings with coffee and sunrise views from the east-facing deck, then wind down in the evening with spectacular west-facing sunset skies. Inside, there's plenty of room to gather, dine, and entertain. On cooler nights, cozy up by the fireplace with a book while taking in tranquil lake views. The walkout lower-level family room provides the perfect hangout zone for kids or guests, with easy access to the yard and waterfront. On-site laundry makes longer stays effortless and convenient. Outdoors, the gradual shoreline entry is ideal for swimming, kayaking, kids, and pets alike. Located near some of Ontario's most iconic destinations, you're just a short drive to Singing Sands Beach, The Grotto, and the natural beauty of Bruce Peninsula National Park. The nearby village of Tobermory offers restaurants, shops, amenities, and year-round recreational activities. If you've been searching for a Bruce Peninsula cottage, Lake Huron waterfront home, or a serene getaway with modern comforts - this is your opportunity. Summer is closer than you think. Don't miss your chance to own a slice of the Lake Huron lifestyle.

MLS number
X12752890
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0H 2R0
Photos
50
Laundry
Lower Level level
223days · 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.

Matched to a published address point for this address.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 652 people.

$72,000Median household income
95.5%Own their home
96.9%Detached houses
61.2Median age
9.2%Born outside Canada
19.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410147 — the few blocks around this address, home to 652 people. It describes the area, not this property.

652Population
54.1Average age
2Household size
$87,600Average household income
$72,000Median household income
96%Own their home
5%Rent
0%Condominiums
9%Born outside Canada
19%University degree
$536,000Average home value
12%Low income
87%Not in the labour force
13%Never married
Under $5,0001%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9995%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over23%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over6%

Percentages are of the 420 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$139,800 · minimum here is $44,900
$3,095.02per month
Borrowed before insurance$559,200
Total borrowed$559,200
Interest over 25 years at 4.5%$369,306

If you rented it out

-$3,342.60per month out of pocket
Rent$0.00
Everything it costs to hold$3,342.60
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 RE/MAX Grey Bruce Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.