Renovated backsplit with private primary suite on Hope Bay waterfront

Property details for 98 Hope Bay Road, South Bruce Peninsula

Type: Residential
Bedrooms: 3
Bathrooms: 2
Lot Size: 60 x 168.4 FT
Stories: 1.5
Basement: Crawl space
Parking: Attached Garage, Garage
Heating: Forced air, Propane
Cooling: None
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,702 (2025)

This 3-bed, 2-bath backsplit sits right on Hope Bay with a 60-foot frontage. Photos show an open main level with cathedral ceilings, custom ash floors, and a propane fireplace. There's built-in cabinetry throughout. The primary suite has its own level with a 3-piece ensuite, another propane fireplace, and its own deck that walks out. Two more bedrooms share a bath-laundry combo on the upper level. It's 1.5 stories on a 60x168 foot lot with vinyl siding and a crawl space. You get a garage attached to the house for one car plus a workshop. Heating is forced air propane, no cooling. Water comes from lake intake, sewer is septic. Parking fits 7 cars. Taxes run $3,702 yearly. Location puts you steps from one of the rare sandy beaches along Georgian Bay. The Bruce Trail and Niagara Escarpment are nearby. Listed at $760,000, matching the local median price.

About 98 Hope Bay Road, South Bruce Peninsula — Property Score

Great Location

Score: 62/100

Value

Priced 1.5% above area median of $749,000 based on 16 comparable properties nearby 68

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

10,104 sqft lot - an oversized lot for the area 90

Location

$60K median household income - below the Canadian average of $70K 60

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

94% homeownership rate - indicating a stable, owner-occupied community 96

56% of residents commute under 30 minutes - good commuting convenience 75

6/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 33 days on market 100

-26.8% median price change over 1 month - declining prices in the area 1

61 months of housing supply - 61 active listings with 1 sold last month (buyer's market) 40

Features

7-car garage - area average is 7.4 spots 95

Crawl space basement 50

standard forced air system 75

None 30

Waterfront, View - premium features that add significant value 80

Investment

0.49% effective tax rate ($3,702/yr) - very low tax burden 85

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

48 photos provided - 20% more than the area average of 40 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.