The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 314 Princess Street in the welcoming village of Shallow Lake. Set on two parcels totalling approximately 3/4 of an acre, this beautifully updated 3-bedroom, 2-bathroom home offers an impressive combination of space, privacy and small-town charm, complete with a river on the property.Rebuilt from the foundation up in 2015 with quality workmanship throughout, the home features a custom mennonite kitchen with a large centre island, 9-foot ceilings, walnut engineered hardwood flooring and an abundance of natural light on the main level. Two generous covered porches create inviting spaces to relax, entertain and enjoy the peaceful surroundings.A partially finished basement, offering exciting potential for additional living space while still providing dedicated laundry and storage areas.Outside, recent improvements include a paved laneway and a spacious 12' x 24' shed equipped with hydro and heat, ideal for a workshop, hobbies or additional storage. Other highlights include a steel roof, natural gas forced-air heating, central air conditioning, a natural gas BBQ & hookup, ample parking and an additional workshop.Enjoy the ease of village living within walking distance of the convenience store, restaurant, coffee shop and Shallow Lake Community Centre. From here, you're also well positioned to enjoy everything the Bruce Peninsula has to offer, from the sandy shores of Sauble Beach to scenic trails, beaches and waterways throughout the area. Spend the day exploring the Peninsula, enjoying the outdoors or playing a round at Cobble Beach Golf Resort. With beautiful scenery and endless opportunities for recreation just a short drive away, this is a wonderful place to enjoy both everyday living and weekend adventures.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,743/mo
Mortgage (principal + interest)$2,469
Property taxFrom listing: $3,290/yr$274
Minimum $40,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$131,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,673
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$144,453
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Georgian Bluffs has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
