108 Beech Street
South Bruce Peninsula, Ontario N0H2T0

5 beds · 4 baths · 2870 sqft

Located directly on the Bruce Trail (and a 1 min walk to the Beach), 108 Beech St. is a beautiful and unique property nestled on just under 1.5 acres in the tranquil setting of Hope Bay. This charming 2 1/2 story Victorian house was originally finished in 1929, and is highlighted with original flooring, an impressive foyer/staircase, and custom trim work throughout. In addition, there is a fully equipped in-law suite on the third level. Situated adjacent to the house is an oversized, heated workshop/garage with an attached double-car carport. A major attribute of this property are the 6 cottages (4 of which are winterized) which are set up with two bedrooms, a 3-piece bathroom, kitchenette, eating space, deck, and private firepit area. The rental income here is bountiful. All-in-all, the entire property has been meticulously taken care of both inside and out, and pride of home ownership is clearly evident. This property can serve simply as a wonderful family cottage compound, ready to generate meaningful memories for years to come. Another option is to follow the existing B&B and Cottage business model, and unlock a significant revenue stream. Feel confident that the many rooms in the house, together with the 6 mini-cottages, can deliver a proven investment opportunity. Hope Bay offers an exceptional cottage-life retreat experience. Surrounded by the breath-taking Niagara Escarpment, enjoy stunning cliff views and hiking routes. There are many nearby attractions such as the popular Bruce Trail, the Hope Bay Nature Reserve, and the scenic Greig’s Caves. A one-minute walk from the property leads to a quaint public sand beach- enjoy fun in the sun all day long. The South Bruce region also offers many other activities such as mountain biking, cross-country skiing, snowmobiling, fishing and hunting. The famous destination of Lion’s Head is just 15 minutes north of Hope Bay, and the bustling town of Tobermory is within a short drive as well. (id:39198)

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: ROYAL LEPAGE RCR REALTY