668 Pike Bay Road, Northern Bruce Peninsula

$650,000
668 Pike Bay Road

$650,000

New
15d
Detached1 1/2 Storey

668 Pike Bay Road, Northern Bruce Peninsula

Total Monthly Obligation $3,240

Beds
5
Baths
2
Park
6
Sqft
2000-2500
DOM
15d
Yield
4.9%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13877114
Beds-5
Bathrooms-2
Size-2000-2500 sqft
Lot Size-300 × 200 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,916 (2025)
Parking-8 - Detached
Basement-Partially Finished, Full
Heating-Baseboard (Electric)
Brokerage-LPT Realty
Cooling-None
Laundry-No
Fireplace-Propane, Wood
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Northern Bruce Peninsula
Title-Residential Freehold

No agent assigned

Discover a hidden gem designed for those seeking a peaceful, fulfilling lifestyle-this perfect oasis is set on over 1.5 acres, adjacent to 5 acres of municipal land which backs onto the tranquil waterfront of Lake Huron/Pike Bay. At approximately a 16 minute drive, Lion's head is also not far away for groceries, shopping or a day out in a small town. At first glance, the home and property looks to have a modest footprint, step inside to find surprisingly generous living spaces (2300+ square feet of finished space) explore expansive outdoor areas that truly open up- to views of the lake creating a sense of comfort and freedom throughout. The property is well-suited for hobby farming, featuring a greenhouse, chicken coop, and ample wood storage to support a more self-sufficient lifestyle or it could also make a great Bed and Breakfast for those interested in running their own business. A large 24' x 48' shop provides the perfect space for tinkering, projects, or additional storage, ideal for hobbyists, retirees or those needing room to work and create. With its unique blend of privacy, functionality, and natural beauty, this property offers an exceptional opportunity to enjoy retirement or embrace a quieter pace of life in a picturesque setting. Enjoy water access just steps away perfect for boating, kayaking, swimming, or simply soaking in the Peninsula's natural beauty. You're minutes from outdoor adventures like hiking the Bruce Trail, cycling scenic roads, exploring the shores, or just walking your dog. Pike Bay features 2 restaurants and a General Store, with LCBO, groceries, gas.

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Closing Costs

Mortgage Amount
$520,000
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,240/mo
Mortgage $2,622
Monthly Loss $2,550
Principal$690
Interest$1,932
Property Tax$243
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 668 Pike Bay Road

Time

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