$ 399,900

Income-Ready Cottage Near Tobermory Hub

Property details for 7221 6 Highway, Northern Bruce Peninsula

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
1
Lot Size
100 x 250 FT
Stories
1
Basement
Crawl space
Parking
No Garage
Heating
Forced air, Propane
Cooling
Central air conditioning
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$1,863

Just 2.3 km from the Tobermory docks and all the action, this 3-bed, 1-bath bungalow sits on a 100 x 250 ft lot with mature trees giving you real privacy. It's currently running as a short-term rental, so you're getting an income property that's already proven. Vinyl siding exterior is low maintenance, and inside it's all on one level - no stairs to haul groceries up. You've got a family room plus a separate dining area, and the kitchen is practical. Crawl space underneath is handy for stashing kayak gear or tools. Central air and forced air propane heat keep it comfortable year-round. Parking for three vehicles means your guests won't fight over spots. Property taxes are only $1,863 annually, which is a steal. Lot is flat and open with a back deck perfect for morning coffee. You're a short drive to Fathom Five National Marine Park and the ferry to Flowerpot Island. The Fish & Chip Place is just 2.4 km away for a quick bite. This is a solid setup for an investor or someone wanting a cottage that pays for itself. Current setup has guest suite vibes, and the carpet-free floors are easy to clean after renters.

About 7221 6 Highway, Northern Bruce Peninsula — Property Score

68
Great Location Well Priced
Score: 68/100
Value
75
Priced 42.8% below area median of $699,000 based on 33 comparable properties nearby 100
Stable pricing - no price changes since original listing date 50
Size
70
3 bedrooms - typical for similarly priced homes 60
1 bathroom - typical for similarly priced properties 60
25,000 sqft lot - an oversized lot for the area 90
Location
77
$58K median household income - below the Canadian average of $70K 59
87% of residents hold postsecondary credentials - a highly educated neighbourhood 94
89% homeownership rate - indicating a stable, owner-occupied community 92
72% of residents commute under 30 minutes - excellent commuter accessibility 87
3/km² population density - a rural or semi-rural setting 55
Market
69
Just listed - area average is 4 days on market 68
+55.6% median price change over 1 month - rising prices in the area 100
107 months of housing supply - 107 active listings with 1 sold last month (buyer's market) 40
Features
69
3-car garage - area average is 8 spots 80
Crawl space basement 50
standard forced air system 75
Central air conditioning - whole-home cooling 90
No premium extras like pool, waterfront, or view 50
Investment
65
0.47% effective tax rate ($1,863/yr) - very low tax burden 86
12% renter population - primarily owner-occupied area 44
Quality
50
Condition
50
Listing
89
26 photos provided - below the area average of 43 photos 92
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Northern Bruce Peninsula, Ontario

Population
572
Median Age
58.8
Median Income
$33,984
Dwelling Value
$250,840

Housing Tenure

Owners 89%
Renters 12%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 2.5/km²
Avg Shelter Cost: $965/mo
Owners with Mortgage: 36.2%
Owners Spending 30%+: 23.4%
Tenants Spending 30%+: 0%
English only: 92.2%
English and French: 7%
Neither: 0.9%
Median Household Income: $58,112
Median Employment Income: $21,888

Price History

Contact Agent Get in touch about 7221 6 Highway, Northern Bruce Peninsula

JUSTIN HANDLEY
JUSTIN HANDLEY
Royal LePage Royal City Realty