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.
Enjoy the best of **lake-country living** in this spacious 2,400 sq.ft. raised bungalow, ideally located just across the road from Berford Lake in South Bruce Peninsula. Whether you're searching for a year-round residence or a relaxing cottage escape, this 3-bedroom, 2-bathroom home offers plenty of room for family, guests and all the recreational gear that comes with life by the lake. Set on a generous corner lot surrounded by mature trees, the property offers a wonderful sense of privacy along with plenty of outdoor space to enjoy. Front and back decks create inviting areas for morning coffee, summer barbecues and evenings outdoors, while the expansive yard provides room for gardens, games and gatherings. A large detached garage/workshop adds excellent storage for vehicles, boats, kayaks and water toys.Inside, the main level is bright and welcoming with hardwood flooring and vaulted ceilings enhancing the living area. The open-concept kitchen and dining space is designed for everyday living and entertaining, with large windows bringing in an abundance of natural light. Two bedrooms and two bathrooms are located on this level, including a primary bedroom with its own ensuite.The finished lower level extends the living space with a comfortable family/recreation room featuring a propane fireplace, an additional bedroom, office, laundry and cold storage. A convenient walk-up provides direct access to the outdoors. Located just 10 minutes north of Wiarton, you can enjoy the peace and slower pace of country living while keeping shopping, dining and everyday amenities within easy reach. Berford Lake is known for its warm waters, fishing and memorable sunsets, with opportunities for boating, kayaking, canoeing, paddle boarding and swimming. **Public water access is just steps away**, making it easy to embrace everything lake life has to offer. A spacious home, a beautiful natural setting and the water practically at your doorstep-your Bruce Peninsula lifestyle awaits.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$1,933/mo
Mortgage (principal + interest)$1,683
Property taxFrom listing: $2,997/yr$250
Minimum $22,495 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$89,980
Ontario land transfer taxProvincial brackets, no first-time refund$5,473
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$98,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. South 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.
