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$499,000
Status: For Sale
Fully winterized and boasting numerous updates, this home offers optimal comfort and convenience year-round. Close to $50,000 generated in 2023 from rentals. Currently in 2024 to date they have made over $65,000 gross. Across the road, municipal access to the water beckons, providing easy enjoyment of the serene surroundings. Inside, discover two cozy bedrooms, a well-appointed bathroom, and a spacious kitchen/dining area leading to the inviting living room and front deck – the perfect spot for your morning coffee. Additionally, a winterized bunkie equipped with an electric fireplace offers extra space for guests or personal retreat. Embrace the countless outdoor adventures at your fingertips, including proximity to Tobermory, the grotto, Bruce Trails, a public boat launch and more. Elevated to afford stunning views of Miller Lake, this property epitomizes the essence of lakeside living. Recent upgrades such as a renovated kitchen, refreshed bathroom, new flooring, lighting, windows, steel roof, and appliances ensure hassle-free maintenance and modern comfort. The charming Tongue & Groove wood walls perfectly blend contemporary aesthetics with classic cottage ambiance. Seize the opportunity to secure a property that not only generates income but also allows you to savour the coveted Miller Lake lifestyle. With a cap rate exceeding 10%, this investment promises both financial viability and personal enjoyment. Schedule your showing today and embark on a journey towards owning your slice of lakeside paradise.
| Property Type | :Residential |
|---|---|
| MLS Number | :40565796 |
| Listing Type | :Sale |
| Property Age | :31-50 Years years |
| Possession Date | : |
| Last Updated | :31 Oct, 2024 (4 Days ago) |
| Source | :Grey Bruce Owen Sound |
| Area | :Bruce |
|---|---|
| City | :Miller Lake |
| Area Major | :Northern Bruce Peninsula |
| Area Minor | :Northern Bruce Peninsula |
| Postal Code | : N0H 1Z0 |
| Directions | :Head North on Hwy 6 (ON-6), turn right onto Lindsay Road 5, turn left onto East Road, turn left onto Tammy's Cove Road. Destination will be on the left. Look for signs. |
| Price | : $499,000 |
|---|---|
| Property Taxes | :$1578.79 |
| Tax Year | :2023 |
|---|
| Bedrooms | :2 + |
|---|---|
| No. of Rooms | :7 |
| Heating | :Baseboard |
| Place of Worship | :No |
| Bathrooms | :1 |
|---|---|
| Approx Square Footage | :825 sqft |
| Bedroom Primary | :3.35 m x 2.69 m |
|---|---|
| Foyer | :2.54 m x 2.26 m |
| Bedroom | :2.95 m x 2.39 m |
| Kitchen | :3.02 m x 2.84 m |
|---|---|
| Living Room | :4.34 m x 3.61 m |
| Dining Room | :3.45 m x 2.82 m |
| Parking Space | :4 |
|---|---|
| Basement | :Crawl Space |
| Garage | :0 |
|---|
06 Aug, 2024
TREB #40565796
Back On Market
$499000
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$499,000
149 Tammy's Cove Road, Bruce, ON
Listing ID #40565796
Price drop by $16,000
Price drop by $16,000