2231 Bruce Road 40

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$495,000

2231 Bruce Road 40

Saugeen Shores · MLS® X12388649

Land · Vacant Land · 411 days on market

listed by JOHN ADAMS, Chestnut Park Real Estate

realtor's description

Welcome to 2231 Bruce Road 40 a beautiful country property offering over 4.5 acres of opportunity just minutes from downtown Port Elgin. Located only 3 hours from the GTA, 20 minutes to Bruce Power, and close to the natural beauty of MacGregor Point Provincial Park and Lake Huron, this property is the perfect blend of convenience and rural charm.This expansive lot is ready for your vision whether you're looking to design and build your dream home or start a new business venture. The property features two substantial outbuildings with concrete floors (32' x 40' and 46' x 128') and a large outdoor concrete pad, offering excellent potential for storage, workshops, or room for your toys. Whether you're an investor, entrepreneur, or someone looking for space to grow, this is your chance to bring your ideas to life in a sought-after location. Note: Property taxes were assessed with a previous home on the site.

property details

type: Land, Vacant Land
parking: 0
property tax: $5,864 / yr
days on market: 411
MLS®: X12388649

monthly cost

$2,645/mo

Mortgage $2,157 · Tax $489

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,157/ monthly

loan $396,000

25-year amortization

down payment20% · $99,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $251,000
cash to close: $99,000; down payment; transfer tax and fees not included
total paid: $647,000

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.