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48 Island View Drive N, South Bruce Peninsula, ON N0H 1A0

3+1 beds · 2 baths · 1 kitchen · 11 rooms · 2 parking spaces · 1100-1500 sq ft · Laundry on the main level level · Detached
$795,000
Property tax
$3,888 / year

Welcome to your dream Chesley Lake waterfront property! You, the kids, and the grandkids will love swimming, fishing, and boating right off your own private dock. This exceptional 4-season lakefront cottage/home delivers the ultimate cottage-country lifestyle, complete with a detached waterside storage shed offering plenty of room for all your lake toys. Soak up the warm rays with tons of morning and afternoon sunshine on the newer deck with glass railing, or take a leisurely walk around the neighborhood to meet your amazing neighbours. This turnkey 1500 sq ft home has all the boxes ticked, featuring 3 to 4 good-sized bedrooms, a dedicated home office, 2 to 3-piece bathrooms, and a convenient main-floor primary suite. The bright open-concept kitchen and dining area boasts a seamless walkout to the 4-season sunroom and waterside deck, while the south-side sunroom offers breathtaking full lake views and a quiet TV room ideal for afternoon naps. Numerous recent updates provide ultimate peace of mind, including new windows, an updated water pump and foot valves, a convenient BBQ hookup, new brickwork facing the lake, updated landscaping, a fully fenced yard, and easy-to-clean updated flooring throughout. On chilly evenings, cozy up to the warmth of the propane fireplace in the lower-level family room, which opens directly to a stamped concrete covered patio. As night falls, listen to the peaceful calls of the loons while star-watching in this exclusive Dark Sky community around your lakeside campfire. As a member of the Chesley Lake Cottager Association, you will also enjoy fantastic community perks including a dining room restaurant at Chesley Lake Camp, a beautiful sand beach, and a free boat launch. Don't miss your chance to own this premier piece of Chesley Lake Real Estate

MLS number
X13627510
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N0H 1A0
Photos
47
Laundry
Main Level level
44days · 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
$497k$649k$801k20252026this 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 1,020 people.

$86,000Median household income
87.2%Own their home
97.5%Detached houses
48Median age
2.9%Born outside Canada
11.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410160 — the few blocks around this address, home to 1,020 people. It describes the area, not this property.

1,020Population
44.3Average age
2.5Household size
$99,600Average household income
$86,000Median household income
87%Own their home
13%Rent
0%Condominiums
3%Born outside Canada
11%University degree
$568,000Average home value
9%Low income
48%Not in the labour force
20%Never married
$20,000 to $24,9994%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over30%
$100,000 to $124,99911%
$125,000 to $149,9996%
$150,000 to $199,9995%
$200,000 and over7%

Percentages are of the 560 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.

$159,000 · minimum here is $54,500
$3,520.09per month
Borrowed before insurance$636,000
Total borrowed$636,000
Interest over 25 years at 4.5%$420,026

If you rented it out

-$3,844.09per month out of pocket
Rent$0.00
Everything it costs to hold$3,844.09
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 Royal LePage RCR Realty. Listing data provided by the Toronto Regional Real Estate Board.