287 Huron Road, South Bruce Peninsula

$329,000
287 Huron Road

$329,000

New
16d
DetachedBungalow

287 Huron Road, South Bruce Peninsula

Total Monthly Obligation $1,877

Beds
4
Baths
1
Park
8
Sqft
700-1100
DOM
16d
Score
52
Yield
9.1%
Cash on Cash
14.7%
Cap Rate
7.8%
5Y IRR
27.6%
10Y IRR
24.8%
Property Type-Detached
MLS® Number-X13874400
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-200 × 276 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,100 (2026)
Parking-8 - None
Basement-None
Heating-Other (Wood)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Other
Laundry-No
Fireplace-Living Room, Wood Stove
Pool-None
Facing-West
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-60/90/TBD
Neighbourhood-South Bruce Peninsula
Title-Residential Freehold

No agent assigned

A rare opportunity to own a property in the sought-after Red Bay area of South Bruce Peninsula. Ideally situated at the corner of Huron Road and Red Bay Road, this property offers a peaceful, private setting surrounded by mature trees and nature. The existing four-bedroom cottage features a classic cottage layout with a living/dining room, kitchen and 3-piece bathroom, along with a wood-burning stove and plenty of natural light. Offering excellent potential for those looking to enjoy, renovate or reimagine a cottage retreat, this property provides a wonderful opportunity to create something uniquely your own. The existing cottage offers a comfortable starting point, while the surrounding property provides space to enjoy the natural beauty and tranquility of the area. Located in the Municipality of South Bruce Peninsula, this is an ideal base for enjoying everything the Bruce Peninsula has to offer, from beaches and boating to hiking, nature and four-season recreation. Red Bay and surrounding communities provide a relaxed cottage-country atmosphere, while Wiarton and other amenities are within easy reach. Don't miss this opportunity to secure your own piece of Bruce Peninsula cottage country and create something

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

Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$1,877/mo
Mortgage $1,327
Monthly Loss $1,528
Principal$349
Interest$978
Property Tax$175
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.2%53
Cash-on-Cash
6.3%29
5-Year IRR
20.9%94
10-Year IRR
19.6%
Returns Index
59.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
52/ 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
$30,000/yr
NOI
$20,400/yr
Net Cash Flow
$373/mo
Cash Margin
14.9%50
Cash Flow Index
49.6/ 100
Risk Profile
Weight: 20%
DSCR
1.2853
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo83
Risk Index
51.5/ 100

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

Comparables

Properties near 287 Huron Road

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.