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496 Berford Lake Road, South Bruce Peninsula, ON N0H 2T0

2 beds · 2 baths · 1 kitchen · 9 rooms · 5 parking spaces · 700-1100 sq ft · Laundry on the main level level · Detached
$399,900
Property tax
$1,785 / year

Nestled near picturesque Berford Lake and the town of Wiarton, this charming 1.63-acre property offers a meticulously maintained 2-bedroom, 2-bathroom home or cottage that clearly reflects pride of ownership. Surrounded by mature trees, the well-treed lot provides a quiet, private setting-ideal for nature lovers seeking peace and tranquillity. The attached single-car garage and well-manicured landscaping enhance the property's serene atmosphere, making it a perfect retreat for first-time buyers, downsizers, or those looking for a peaceful retirement escape. Inside, the home features newer windows, a new (July 2026) shingled roof, in-floor heating, and hardwood flooring throughout. Upgraded insulation, along with a heat pump and air conditioning, helps ensure year-round comfort and energy efficiency. An enclosed front porch offers a cozy space to relax and take in the surrounding natural beauty. Additional highlights include a portable back-up generator for reliable backup power in the event of a power outage, a 100-foot drilled well providing a dependable water source, and ample outdoor storage. All together, this property delivers a comfortable, inviting countryside haven in a sought-after Bruce Peninsula location.

MLS number
X13609732
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0H 2T0
Photos
27
Laundry
Main Level level
47days · 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.

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

The market around this home

Detached houses in South Bruce Peninsula248 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$396k$499k$601k20252026this home’s asking price
$565klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d29d58d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in south bruce peninsula. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 950 people.

$74,500Median household income
91.8%Own their home
97.8%Detached houses
59.6Median age
10.8%Born outside Canada
16%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410244 — the few blocks around this address, home to 950 people. It describes the area, not this property.

950Population
52.7Average age
2.1Household size
$95,600Average household income
$74,500Median household income
92%Own their home
8%Rent
0%Condominiums
11%Born outside Canada
16%University degree
$612,000Average home value
11%Low income
19%Never married
Under $5,0002%
$5,000 to $9,9991%
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9998%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over25%
$100,000 to $124,99910%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over4%

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.

$79,980 · minimum here is $19,995
$1,770.67per month
Borrowed before insurance$319,920
Total borrowed$319,920
Interest over 25 years at 4.5%$211,281

If you rented it out

-$1,919.42per month out of pocket
Rent$0.00
Everything it costs to hold$1,919.42
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.