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 your peaceful riverfront retreat on the Bruce Peninsula & less than a 3hr drive from the GTA & Southern Ontario! Situated along the scenic Stokes Bay River and surrounded by vibrant wildflowers, 568 Stokes Bay Road offers low-maintenance living with endless potential on a year-round paved road - just minutes from Lake Huron. This charming 4-season home or retreat features a comfortable 1-bedroom layout with a smart conversion option: easily transform the large storage closet into a functional 2nd bedroom or home office. Designed for peace of mind, the property boasts structural and mechanical upgrades, including durable steel roofing across all buildings, a newer WETT-certified wood stove for cozy evenings, a wall furnace, and a modern UV water filtration system. The exterior is built for hassle-free upkeep, featuring new steel roof, aluminum siding, vinyl windows, and a paved driveway. A standout highlight is the new, oversized detached garage. Finished 2x6 construction and with low-maintenance vinyl siding, this impressive structure features a 2nd-level for potential extra living space - ideal for a studio, workshop, guest suite or entertainment retreat. Launch a kayak right from your backyard of this 1+acre, very private property, soak in the tranquil river views & wild-flowers, or take a quick 10-minute drive to nearby quaint Village of Lion's Head for shopping, sandy beaches, marina access, Hospital w/24hr Emerg. Services and famous Bruce Trail hiking. Perfect mid-Peninsula location - 5mins to Sandy Beach on Lake Huron, 30mins to Tobermory and 30mins to Wiarton or Sauble Beach. Whether you are searching for a low-maintenance year-round home, a tranquil cottage escape, or a property with expansion potential, this riverside waterfront gem awaits!
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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$1,208/mo
Mortgage (principal + interest)$1,119
Property taxFrom listing: $1,078/yr$90
Minimum $14,950 down for this price; the slider moves in whole percent, starting at 5%. 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$59,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,960
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$65,560
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Northern Bruce Peninsula 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.
