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5371 Bruce Road 3 Road, Saugeen Shores, ON N0H 2C6

3 beds · 2 baths · 1 kitchen · 7+5 rooms · 5 parking spaces · 700-1100 sq ft · Laundry on the lower level level · Rural Residential
$649,900
Property tax
$3,568 / year

Well located rural property smack-dab across the road from the South Port Golf Club and a short distance to the amenities of both Port Elgin and Southampton! This roomy side-split home had some work done in 2021 including new roof shingles, siding, grading, paved driveway and added insulation. At almost one half acre, this property is partially fenced and includes a detached single vehicle garage with electric garage door, built on lean-to and a detached garden shed. Generac generator kicks in when the power goes out and you barely notice when it does. Home is heated with gas forced air, has a gas fireplace in the basement and is cooled with central air conditioning. Electrical panel is 200 amp breakers and electric hot water tank is owned. Property has a deep back yard that offers plenty of privacy and potential for gardens and toys!

MLS number
X13764356
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0H 2C6
Photos
1
Laundry
Lower Level level
4days · 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

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$129,980 · minimum here is $39,990
$2,877.62per month
Borrowed before insurance$519,920
Total borrowed$519,920
Interest over 25 years at 4.5%$343,365

If you rented it out

-$3,174.95per month out of pocket
Rent$0.00
Everything it costs to hold$3,174.95
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 Coldwell Banker Peter Benninger Realty. Listing data provided by the Toronto Regional Real Estate Board.