Cedar-Clad Shop with Apartment on 16 Acres Near Lake Huron

Property details for 1137 Sunset Drive, South Bruce Peninsula

Type: Residential
Bedrooms: 2
Bathrooms: 1
Lot Size: 33 x 2341 FT
Stories: 2
Basement: None
Parking: Garage, Other
Heating: Baseboard heaters, Electric
Cooling: None
Exterior: Wood
Ownership: Freehold
Annual Taxes: $1,675

Right across from public Lake Huron access and backed by more than 1,200 acres of protected land that has ATV trails. It's a 16-acre lot with a 40' x 80' two-storey building. Upstairs is a 1,600 sq ft apartment with two bedrooms, one bathroom, and laundry right in the unit. Photos show cedar board and batten siding, a red steel roof, and a new 12' by 12' wood deck. Downstairs has a 3,200 sq ft workshop with a 10' by 12' insulated steel door, a 2-piece bathroom, and 400-amp electrical service that includes generator backup. There's also a 24' by 54' greenhouse frame. Heating is electric baseboard, no cooling. Nine parking spots. Taxes are $1,674.53 a year. Listed at $599,900.

About 1137 Sunset Drive, South Bruce Peninsula — Property Score

Strong Investment

Score: 63/100

Value

Priced 18.8% below area median of $739,000 based on 21 comparable properties nearby 98

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

77,253 sqft lot - an oversized lot for the area 90

Location

$48K median household income - below the Canadian average of $70K 54

63% of residents hold postsecondary credentials - an above-average education level 74

62% homeownership rate - a balanced mix of owners and renters 73

62% of residents commute under 30 minutes - excellent commuter accessibility 79

771/km² population density - a low-density residential area 65

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

9-car garage - more than the area average of 7.4 spots 95

None basement 30

baseboard heating throughout 55

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.28% effective tax rate ($1,674/yr) - very low tax burden 92

40% renter population - moderate rental market 78

Quality

Condition

Listing

49 photos provided - 23% 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.