124 MAIN Street, Northern Bruce Peninsula

$389,900
124 MAIN Street

$389,900

New
23d
Detached1 1/2 Storey

124 MAIN Street, Northern Bruce Peninsula

Total Monthly Obligation $2,063

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
23d
Score
42
Yield
8.0%
Cash on Cash
11.2%
Cap Rate
7.0%
5Y IRR
24.6%
10Y IRR
22.2%
Property Type-Detached
MLS® Number-X13845200
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-66 × 165 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$1,384.64 (2025)
Parking-3 - None
Basement-None
Heating-Baseboard (Propane)
Brokerage-Century 21 Millennium Inc.
Cooling-None
Laundry-No
Fireplace-Living Room, Propane
Pool-None
Facing-West
Exterior-Other, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Septic
Possession-Immediate
Neighbourhood-Northern Bruce Peninsula
Title-Residential Freehold

No agent assigned

Your Bruce Peninsula Escape Awaits! Welcome to the perfect place to slow down and enjoy everything Lion's Head has to offer. Set on a beautifully private lot just a short stroll from the beach, marina, shops, school, and all the charm of this welcoming waterfront community, this spacious 3-bedroom, 2-bathroom home offers the lifestyle you've been dreaming of. Step inside to discover bright, inviting living spaces designed for everyday comfort. The cozy propane fireplace creates the perfect gathering place on cooler evenings, while the generous layout provides plenty of room for family, guests, or simply spreading out and enjoying your own space. The spacious primary bedroom is a true retreat, complete with its own private deck-an ideal spot to sip your morning coffee, unwind with a book, or take in the peaceful surroundings at the end of the day. Outside, the large, private yard offers endless possibilities. Whether you envision summer barbecues, children and pets playing, gardening, or relaxing around a fire under the stars, you'll have the space and privacy to make it your own. Whether you're searching for a year-round family home, a peaceful retirement property, or the perfect Bruce Peninsula getaway, this home delivers the ideal combination of comfort, privacy, and unbeatable location.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,063/mo
Mortgage $1,573
Monthly Loss $1,649
Principal$414
Interest$1,159
Property Tax$115
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
3.8%18
5-Year IRR
18.8%89
10-Year IRR
17.7%
Returns Index
51.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
42/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,080/yr
NOI
$22,087/yr
Net Cash Flow
$268/mo
Cash Margin
10.3%28
Cash Flow Index
28.3/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
46.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 124 MAIN Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.