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593 Stokes Bay Road

593 Stokes Bay Road

Northern Bruce Peninsula, ON

  • 2,712 sqft
  • Investment
  • 284 days on market
$379,900Price reduced 5%

A familiar landmark in Stokes Bay, the building once known as the Copper Kettle Restaurant has been transformed into a 3-unit residential income property-a fantastic opportunity for investors or buyers looking for a home with built-in revenue. The triplex features: 1-bedroom unit currently rented at $525/month, a 2-bedroom unit currently rented at $600/month, and a 2-bedroom unit recently rented at $700/month. With two longer-term tenants and one newly occupied unit, this property offers stable income and the potential to grow your investment. Ideal for those who want to live in one unit while benefiting from tenants helping offset expenses. Located on the beautiful Bruce Peninsula, this property sits in the welcoming community of Stokes Bay, just a short drive to Lion's Head and Tobermory-home to incredible natural attractions, hiking, boating, and tourism demand. Whether you're expanding your real estate portfolio or searching for a practical home-plus-income solution, this unique and well-known property is worth a closer look.

Listing Details

Taxes (2025)
$1,789
Originally Listed
$399,900
Listed
November 28, 2025

Price History

Property

Lot Size
82.47 x 110.73 Feet

Parking

Garage
None

Utilities

Sewer
Septic

Location & Legal

Cross Street
Stokes Bay Road and Stokes River Road
Zoning
C4
Parcel Number
331150009
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
3 - Refridgerators, 3 - Stoves, Washer and Dryer
Exclusions
Tenants belongings.
Rental Items
Hot Water Heater - Reliance

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Northern Bruce Peninsula · last 12 months

Median sold price
$492,500
Homes sold
178
Median days on market
60
Sale-to-list price
92.4%

Based on 178 recorded sales of commercial properties in Northern Bruce Peninsula over the last 12 months.

Listed by

RE/MAX Grey Bruce Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,712 sq ft
Price per sq ft
$140.08
Annual property tax
$1,789
Tax per sq ft
$0.66

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The triplex features: 1-bedroom unit currently rented at $525/month, a 2-bedroom unit currently rented at $600/month, and a 2-bedroom unit recently rented at $700/month.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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