Homula Realty Brokerage
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Part of lot 30 Concession 2, South Bruce Peninsula, ON N0H 2T0

3 beds · 1 kitchen · < 700 sq ft · Other
$299,000
Property tax
$456 / year

Welcome to your private lakeside getaway on beautiful Isaac Lake in South Bruce Peninsula. Set on 1.5 acres, this rare waterfront property offers the perfect setting for a peaceful summer retreat, family fishing weekends, or a cozy year-round fishing/hunt camp. Tucked away in nature, the property includes a main cabin, two sleeping cabins, a kitchen cabin, and a storage shed giving you a flexible and functional layout for entertaining, relaxing, or hosting guests. Spend your days kayaking, canoeing, fishing, or boating right from your own shoreline, and your evenings around the fire under a canopy of stars. Shower set up with hot water for after your day of activities. Conveniently located just 12 minutes to Wiarton for groceries, shops, and hospital services, 15 minutes to Ferndale for gas and restaurants, and 22 minutes to Lions Head for additional amenities. This is the kind of place where memories are made, a quiet, nature-filled retreat where the water is calm, the air is fresh, and the possibilities are endless.

MLS number
X12924082
Type
Other
Status
Active
Bedrooms
3
Bathrooms
0
Postal code
N0H 2T0
Photos
35
Laundry
Not in the unit
170days · 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 955 people.

$79,000Median household income
95.1%Own their home
98.9%Detached houses
61.2Median age
9.5%Born outside Canada
17.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410249 — the few blocks around this address, home to 955 people. It describes the area, not this property.

955Population
54.5Average age
2.1Household size
$91,600Average household income
$79,000Median household income
95%Own their home
5%Rent
0%Condominiums
10%Born outside Canada
17%University degree
$582,000Average home value
9%Low income
12%Never married
$5,000 to $9,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9997%
$90,000 to $99,9996%
$100,000 and over25%
$100,000 to $124,99912%
$125,000 to $149,9994%
$150,000 to $199,9996%
$200,000 and over3%

Percentages are of the 595 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.

$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

-$1,361.91per month out of pocket
Rent$0.00
Everything it costs to hold$1,361.91
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.