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26 Elgin Street, Northern Bruce Peninsula, ON N0H 2R0

3 beds · 2 baths · 1 kitchen · 12 rooms · 4 parking spaces · 1500-2000 sq ft · Detached
$599,000
Property tax
$2,647 / year

Nestled on a peaceful lot in one of Tobermory's most desirable neighbourhoods, this charming home sits just 1 km from the heart of the village - a short walk to Little Tub Harbour, the Chi-Cheemaun ferry dock, waterfront dining, diving outfitters, and boat tour operators. That unbeatable location is a big part of what makes this property a proven, licensed Short Term Accommodation under the Northern Bruce Peninsula Municipality - a turnkey income-generating asset ready to perform from day one, or an equally inviting full-time or seasonal family retreat. Step in from the upper deck into a bright, open-concept main living area that immediately feels like a getaway. Vaulted ceilings, warm pine floors, rich wood accents, an open kitchen, and a cozy propane fireplace set the tone, while floor-to-ceiling windows on both levels flood the space with natural light. The upper deck extends your living space outdoors - ideal for entertaining, outdoor dining, or simply unwinding with a drink in hand. The upper level also features a generous primary bedroom with walk-in closet and a full 4-piece bath. Head down the eye-catching spiral staircase and you'll find two additional bedrooms, a 2-piece bath, a second propane fireplace, and a fantastic games room that guests consistently love. A covered lower patio offers a quiet, shaded retreat - perfect for morning coffee while deer and birds move through the trees. Set on a full acre, the property transfers with furnishings included on both levels, making it as easy as it gets to step in and start enjoying - or start hosting. With the Bruce Trail minutes away and Georgian Bay launch points for kayaking and paddleboarding close at hand, the outdoor appeal is endless. 26 Elgin Street is a rare find that truly has to be seen to be fully appreciated.

MLS number
X13428852
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0H 2R0
Photos
24
Laundry
Not in the unit
94days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 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.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 559 people.

$64,000Median household income
91.2%Own their home
91.1%Detached houses
61.2Median age
10%Born outside Canada
27.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410146 — the few blocks around this address, home to 559 people. It describes the area, not this property.

559Population
55.5Average age
2Household size
$100,000Average household income
$64,000Median household income
91%Own their home
9%Rent
0%Condominiums
10%Born outside Canada
27%University degree
$740,000Average home value
20%Low income
16%Never married
$15,000 to $19,9991%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9993%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over26%
$100,000 to $124,99910%
$125,000 to $149,9993%
$150,000 to $199,99910%
$200,000 and over4%

Percentages are of the 360 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.

$119,800 · minimum here is $34,900
$2,652.24per month
Borrowed before insurance$479,200
Total borrowed$479,200
Interest over 25 years at 4.5%$316,473

If you rented it out

-$2,872.83per month out of pocket
Rent$0.00
Everything it costs to hold$2,872.83
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 eXp Realty. Listing data provided by the Toronto Regional Real Estate Board.