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188 Bay Street

188 Bay Street

South Bruce Peninsula, ON

  • 2 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Detached
  • 124 days on market
$549,900Price reduced 8%

Not ready to commit to a forever home on the Bruce Peninsula? Start here. If you've been thinking about retiring here but aren't quite ready to make the leap, this fully winterized two-bedroom bungalow in the waterfront hamlet of Oliphant offers a chance to experience the lifestyle before committing to something larger or more expensive. Wake up to unobstructed Lake Huron views and end your day with the sunsets this shoreline is known for, all from the comfort of your own deck. Inside, nearly every major update has already been done over the past five years, including the windows, roof, soffit, eavestroughs, water system, flooring, propane fireplace, baseboards, and bathroom. There's nothing waiting on your to-do list-just move in and enjoy it. The open-concept layout, bright sunroom, updated bathroom, and 1,081 sq. ft. floor plan make the home feel comfortable without the upkeep of a larger property. Whether you're looking for weekend escapes or you're ready to spend every season here, this is an easy home to own and enjoy. Sometimes the best way to know if the Bruce Peninsula is where you want to spend your next chapter is to live here first. This four-season home gives you that opportunity in one of the area's most desirable waterfront communities. Sometimes your next chapter doesn't begin with your forever home. It begins with a property that lets you discover where you truly belong.

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Listing Details

Taxes (2026)
$3,524
Originally Listed
$599,900
Listed
May 16, 2026

Price History

Property

Style
Bungalow
Construction
Vinyl Siding, Wood
Roof
Asphalt Shingle
Foundation
Block
Interior
None
Lot Size
132 x 132 Feet

Parking

Garage
Attached
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
south of Bay & Queen
Zoning
R2 residential & EH
Parcel Number
331460369
Possession
Flexible
Occupancy
Owner

Included

Inclusions
appliances, water system; furnishings negotiable
Exclusions
satelite receiver, tool box & personal tools
Rental Items
propane tank

Waterfront

Water Body
Lake Huron
Shoreline
Weedy, Soft Bottom
Docking
None

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

Residential Freehold in South Bruce Peninsula · last 12 months

Median sold price
$515,000
Homes sold
176
Median days on market
38
Sale-to-list price
94.3%

Based on 176 recorded sales of residential freehold properties in South Bruce Peninsula over the last 12 months.

Rooms

3-piece

Main

  • Bathroom6'6" x 7'6"
  • Bedroom13' x 11'2"
  • Bedroom7'9" x 11'
  • Dining Room7'6" x 9'4"
  • Kitchen7'3" x 9'1"
  • Living Room21' x 19'
  • Mud Room11'3" x 3'
  • Sunroom9' x 9'

Listed by

RE/MAX Grey Bruce Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$109,980

Estimated Monthly Payment

$2,701

Land transfer tax

Estimated land transfer tax$7,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,701/mo (20% down, 5.5%)

Taxes: $294/mo · Insurance: $137/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions unobstructed Lake Huron views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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