137 SIMPSON Avenue, Tobermory

137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
  • 137 SIMPSON Avenue
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$325,000 CAD

MLS® 410968000416816

Two level home or cottage on Hay Bay off of Lake Huron on the Bruce Peninsula. This home has 3 bedrooms and 1.5 bathrooms. Main floor is open concept living/dining and kitchen, with hardwood floors in the living area and cozy woodstove. Lots of windows and walk out to waterside deck with great views. There's a laundry room with washer, a 4 piece bathroom and main floor bedroom. The upper level has two very large bedrooms, the master with a walkout to waterside balcony, plus a 2 piece bathroom. Great views from both levels. Comes with appliances, furniture and pretty much all you need to start cottage life. Situated on a natural inlet off of Lake Huron, there's a great swimming area a short walk along the path to the shore. This cottage has a great rental history that you can continue to help supplement your costs. Close to Tobermory and all amenities. Taxes: $2,109.

  • Address: 137 SIMPSON AVENUE
  • Nearest Town or City: Tobermory
  • Ownership Type: Freehold

This home is located near a wonderful town known as Tobermory Ontario. To learn more about how to purchase 137 SIMPSON Avenue contact Brandon -- he would be more than happy to assist you.

Bath (# pieces 1-6)Main level4PC
BedroomMain level12X9'7
Dining roomMain level11X8
KitchenMain level8X8
Laundry roomMain level5X6
Living roomMain level13'7X12
Bath (# pieces 1-6)Second level2PC
BedroomSecond level15'7X9'8
Master bedroomSecond level15'7X11'5
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,200 Square Feet
  • $1,151 / month

Monthly Mortgage Payments

Thinking about buying 137 SIMPSON Avenue -- lets calculate some payment options and see if purchasing this home can become a reality.

  • Down Payment

The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

  • Mortgage Insurance

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

  • Mortgage Rate

The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type

The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.


Fixed 1 Year 2.39Fixed 5 Years 2.44

  • 137 SIMPSON Avenue, Tobermory, Ontario

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Email or call Brandon at (226) 923-0482 to get more information or to schedule a viewing. Please provide the listing code when calling.

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Brandon Vanderschot | Tobermory Real Estate Agent

Brandon Vanderschot

Coldwell Banker | Tobermory Real Estate
Coldwell Banker Lifestyles Realty Independently Owned and Operated

(226) 923-0482

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