188 Bay Street, South Bruce Peninsula, ON

$549,900
MLS#:X13145546
2 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
Residential Freehold for sale - 2 Bed, 1 Bath Home at 188 Bay Street South Bruce Peninsula ON listed at $549,900 (MLS# X13145546) - Main View
Price Change
For Sale
Added:May 16, 2026(161 days ago)
Updated:Aug 6, 2026(79 days ago)
Last Checked:24 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Bruce Peninsula. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $549,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 132 x 132 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 1.0 garage spaces (5.0 total parking spaces) with a convenient attached configuration
  • Notable attributes: None
  • Efficient baseboard heating via propane

Description

Not ready to commit to a forever home on the Bruce Peninsula? Start here. If you've been thinking about retiring here but aren't quite ready to make the leap, this fully winterized two-bedroom bungalow in the waterfront hamlet of Oliphant offers a chance to experience the lifestyle before committing to something larger or more expensive. Wake up to unobstructed Lake Huron views and end your day with the sunsets this shoreline is known for, all from the comfort of your own deck. Inside, nearly every major update has already been done over the past five years, including the windows, roof, soffit, eavestroughs, water system, flooring, propane fireplace, baseboards, and bathroom. There's nothing waiting on your to-do list-just move in and enjoy it. The open-concept layout, bright sunroom, updated bathroom, and 1,081 sq. ft. floor plan make the home feel comfortable without the upkeep of a larger property. Whether you're looking for weekend escapes or you're ready to spend every season here, this is an easy home to own and enjoy. Sometimes the best way to know if the Bruce Peninsula is where you want to spend your next chapter is to live here first. This four-season home gives you that opportunity in one of the area's most desirable waterfront communities. Sometimes your next chapter doesn't begin with your forever home. It begins with a property that lets you discover where you truly belong.

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Property Summary

This detached home located at 188 Bay Street, South Bruce Peninsula is currently for sale and has been available for 161 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 188 Bay Street, South Bruce Peninsula is in the South Bruce Peninsula neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in South Bruce Peninsula, South Bruce Peninsula.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Price$549,900
AddedMay 16, 2026 (161 days ago)
UpdatedAug 6, 2026 (79 days ago)
Last Checked24 minutes ago
Transaction TypeFor Sale
List Office NameRE/MAX Grey Bruce Realty Inc.

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Wood
BasementCrawl Space
Lot Size132 Ă— 132 Feet
CountyBruce
Annual Tax$3,523.51
Rental Itemspropane tank
Legal DescriptionLT 30-31 PL 330 TOWN OF SOUTH BRUCE PENINSULA

Parking & Garage

Parking Total5.0
Parking Space4
Garage Parking1.0
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeBaseboard
CoolingNone

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

South Bruce Peninsula Home Buyer Advisory & Market HubActive MLS® Listing in South Bruce Peninsula, Ontario

Looking to Buy a Home in South Bruce Peninsula?

If you are looking for a house in South Bruce Peninsula or researching South Bruce Peninsula real estate for sale, this 2-bedroom detached at 188 Bay Street, South Bruce Peninsula, ON offers an exceptional opportunity to buy a home in South Bruce Peninsula, Ontario. Whether you are a first-time South Bruce Peninsula home buyer or comparing active South Bruce Peninsula MLS® homes for sale, working with a dedicated South Bruce Peninsula buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

South Bruce Peninsula Homes for Sale & MLS® Listings

Browse all verified South Bruce Peninsula real estate listings, compare active South Bruce Peninsula houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated South Bruce Peninsula Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced South Bruce Peninsula realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

South Bruce Peninsula Buyer Budget & Costs

Estimated mortgage: $1,830*/month*. Estimated Ontario Land Transfer Tax: $7,473. First-time South Bruce Peninsula home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in South Bruce Peninsula

Frequently Asked Questions about 188 Bay Street, South Bruce Peninsula, ON

Q.What is the asking price for 188 Bay Street, South Bruce Peninsula, ON ?

The current listing price for 188 Bay Street, South Bruce Peninsula, ON in South Bruce Peninsula, South Bruce Peninsula is $549,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 188 Bay Street, South Bruce Peninsula, ON ?

188 Bay Street, South Bruce Peninsula, ON is a Detached (Bungalow) featuring a Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

Location

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188 Bay Street, South Bruce Peninsula, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

South Bruce Peninsula, South Bruce Peninsula

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 188 Bay Street, South Bruce Peninsula, ON N0H 2T0

Estimated Sales Range
$522,000 - $539,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Bruce Peninsula.

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in South Bruce Peninsula, ON

For a property listed at $549,900 in South Bruce Peninsula, the legal minimum down payment is $29,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,473 for this transaction. As this listing is in South Bruce Peninsula (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.

Similar Listings in South Bruce Peninsula, South Bruce Peninsula

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South Bruce Peninsula, South Bruce Peninsula Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Bruce Peninsula, South Bruce Peninsula.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$810,241

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in South Bruce Peninsula, South Bruce Peninsula

Elementary Schools

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Secondary Schools

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South Bruce Peninsula, South Bruce Peninsula Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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