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561 Gould Street, South Bruce Peninsula, ON N0H 2T0

8 beds · 5 baths · 1 kitchen · 20 rooms · 5 parking spaces · 3500-5000 sq ft · Laundry on the main level level · Detached
$489,000
Property tax
$4,133 / year

Welcome to 561 Gould St - a striking 1895 century home packed with potential and ready for your vision. With valuable multi-residential zoning, this property opens the door to high-return opportunities: bed-and-breakfast, lodging facility, senior or group home, duplex, or profitable short-term rentals. Investors will appreciate the size, character, and flexibility, while buyers with a bit of TLC in mind can transform this into something truly special. Perched on the escarpment with seasonal bay views and just steps from downtown and Georgian Bay, this home offers location, charm, and endless possibilities. A rare chance to create something remarkable- don't miss it.

MLS number
X13624156
Type
Detached
Status
Active
Bedrooms
8
Bathrooms
5
Postal code
N0H 2T0
Photos
7
Laundry
Main Level level
46days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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.

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.

The market around this home

Detached houses in South Bruce Peninsula — 248 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$487k$543k$600k20252026this 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 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.

$97,800 · minimum here is $24,450
$2,165.19per month
Borrowed before insurance$391,200
Total borrowed$391,200
Interest over 25 years at 4.5%$258,356

If you rented it out

-$2,509.60per month out of pocket
Rent$0.00
Everything it costs to hold$2,509.60
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 COMMUNITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.