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.
One of the most versatile commercial opportunities on the Bruce Peninsula. Set on approximately 7 acres just outside the settlement boundaries of Tobermory, this HCM-zoned property offers an exceptional combination of existing infrastructure and future development potential. The approximately 2,808 sq.ft. commercial building is complemented by approximately 658 sq.ft. of living quarters ready for renovation, a 40' x 80' Quonset building with a 14' x 14' overhead door, additional storage trailer, and existing septic and water servicing for a potential mobile home. HCM zoning permits a broad range of commercial uses, while the expansive site provides room for future business expansion, cabins or camping accommodations (subject to approvals), additional parking, or a true live-work operation. High-visibility location, ample parking, and minutes from downtown Tobermory. A rare opportunity to secure a large commercially zoned land holdings in the area with exceptional flexibility for today's needs and tomorrow's vision.
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
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$5,210/mo
Mortgage (principal + interest)$4,770
Property taxFrom listing: $5,286/yr$441
Minimum $102,500 down for this price; the slider moves in whole percent, starting at 9%. 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$255,000
Ontario land transfer taxProvincial brackets, no first-time refund$21,975
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$279,775
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.
