Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

46 Riverside Place, South Bruce Peninsula, ON N0H 2G0

Vacant Land
$315,000
Property tax
$963 / year

Incredible Opportunity on a Prime Waterfront Lot! This exceptional property offers a rare combination of versatility, space, and privacy. As the deepest and widest developable vacant waterfront lot left on the street, it stands out for its development potential. With zoning that permits a variety of uses including a single detached home, bed and breakfast, short-term rental, home-based business, or child care, this lot is ideal as either a serene retirement destination, lucrative income property or a picturesque family home. Enjoy enhanced privacy with the lot to the east already established and set back from this property. This creates a beautiful and natural buffer between you and your neighbour to the east. This added seclusion is a unique advantage for those looking to run a quiet business or simply appreciate peace and quiet on the riverfront. Enjoy Riverfront living at its best! Spend your days fishing, kayaking, or hiking nearby trails. After your time on the river head to world-famous Sauble Beach with the family for sun-filled afternoons, sweet treats, good food and unforgettable sunsets. Whether you're looking for a peaceful escape or a thriving vacation rental investment, this property offers it all. Don't miss your chance to own one of the most desirable pieces of land in the area! Established building Envelope with GSCA from 2025 on file. Site plans have been sent to GSCA and a preliminary site evaluation has been complete. All information in the listing is based on current use of the property and is being provided for information purposes only. Buyer/agent to do due diligence on any government requirements (ie., encroachments and easements) that could affect a buyer's specific proposed use of the property. Well and septic required. Zoned R2-1741 & EH also under GSCA jurisdiction.Brokerage Remarks

MLS number
X12964684
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0H 2G0
Photos
11
Laundry
Not in the unit
159days · 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

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Amabel-Sauble Community School
Bluewater DSB
Elementary1.1 km7.7 / 10
77% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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 1,020 people.

$75,500Median household income
89%Own their home
93.2%Detached houses
54.4Median age
7.6%Born outside Canada
8.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410156 — the few blocks around this address, home to 1,020 people. It describes the area, not this property.

1,020Population
48.7Average age
2.3Household size
$94,000Average household income
$75,500Median household income
89%Own their home
11%Rent
0%Condominiums
8%Born outside Canada
9%University degree
$580,000Average home value
11%Low income
77%Not in the labour force
20%Never married
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over25%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 590 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.

$63,000 · minimum here is $15,750
$1,394.75per month
Borrowed before insurance$252,000
Total borrowed$252,000
Interest over 25 years at 4.5%$166,426

If you rented it out

-$1,475.00per month out of pocket
Rent$0.00
Everything it costs to hold$1,475.00
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 Century 21 Millennium Inc.. Listing data provided by the Toronto Regional Real Estate Board.