Waterfront Georgian Bay Home with 6 Beds and Walkout Basement

Property details for 121 Ivy Drive, Georgian Bluffs

Type: Residential
Bedrooms: 6
Bathrooms: 2
Lot Size: 72.8 x 218 FT
Basement: Finished, Walk out, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Propane
Cooling: None
Exterior: Wood, Brick Veneer
Ownership: Freehold
Annual Taxes: $4,486

This place is all about the water. Perched on a sloping lot with 72.8 feet of frontage, you're looking straight out at Georgian Bay from almost every room. The main floor has 3 bedrooms and a bath, and the lower level is a full walkout with another 3 bedrooms and a bath, making it perfect for a big family or an income setup. The walkout patio leads down to a generous deck with a custom gazebo, a fire pit, and your own private shoreline where you can launch a kayak or paddleboard. They've put in newer Van Dolder windows throughout, which lets in tons of natural light and keepe the place cozy with the propane forced air heating. There are two fireplaces, one likely in the living room and another in the lower-level family room, which also has a walkout. The kitchen is on the upper level, and there's a separate dining room and a main-floor laundry. The lot is irregular and sloping, so there are steps down to the water, but that's part of the charm. You've got a detached garage with space for five cars total, which is handy for toys. Big Bay's public boat launch is just minutes down the road, and you're close to the Bruce Trail and Cobble Beach Golf. It's about 2 hours from Kitchener or Guelph, and 3 from Toronto. Listed at $935,000, with property taxes just over $4,486 a year. There's nothing else like this on the market right now-only two other actives nearby, and they're both over $950K.

About 121 Ivy Drive, Georgian Bluffs — Property Score

Spacious Great Location Well Priced

Score: 68/100

Value

Priced 39.7% below area median of $1,549,900 based on 11 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 3 more than similarly priced 3-bedroom homes nearby 96

2 bathrooms - typical for similarly priced properties 60

15,870 sqft lot - an oversized lot for the area 90

Location

$67K median household income - near the Canadian average of $70K 64

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

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

64% of residents commute under 30 minutes - excellent commuter accessibility 81

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

Market

Just listed - area average is 67 days on market 100

-56.8% median price change over 1 month - declining prices in the area 1

115 months of housing supply - 115 active listings with 1 sold last month (buyer's market) 40

Features

5-car garage - area average is 8.6 spots 95

Finished, Walk out, N/A basement - adds valuable living space 85

standard forced air system 75

None 30

2 fireplaces - a desirable feature for Canadian winters 85

Waterfront, View - premium features that add significant value 80

Investment

0.48% effective tax rate ($4,486/yr) - very low tax burden 86

4% renter population - primarily owner-occupied area 34

Quality

Condition

Listing

41 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.