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503 Bay Street

503 Bay Street

South Bruce Peninsula, ON

  • 2 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Detached
  • 89 days on market
$449,000

Welcome to the timeless charm of Oliphant. Set on a spacious double lot with beautiful views of Lake Huron just across the road, this classic 3-season cottage offers the kind of relaxed lakeside lifestyle that keeps families returning year after year. Lovingly enjoyed for generations, this cottage is full of character and provides a wonderful opportunity for those looking to enjoy the Bruce Peninsula at their own pace. While not a modern or luxurious retreat, it offers something increasingly difficult to find - a genuine cottage experience where days are spent at the beach, evenings are dedicated to spectacular sunsets, and memories are made with family and friends. Inside, you'll find a bright, open living space with a wood-burning fireplace, two bedrooms, one bathroom, and plenty of windows to take in the surrounding natural beauty. Outside, the generous lot provides ample room for outdoor games, campfires, entertaining, or future possibilities. Located directly across from the waters of Lake Huron, you'll enjoy easy access to swimming, boating, fishing, paddling, hiking, and everything that makes Oliphant such a sought-after destination. Whether you're searching for a seasonal getaway to enjoy as-is or a property with potential to make your own over time, this cottage offers an affordable opportunity to secure your place in one of the Bruce Peninsula's most beloved waterfront communities. Come experience the sunsets, the lake breezes, and the simple pleasures of cottage life in Oliphant.

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Listing Details

Taxes (2025)
$1,648
Listed
June 24, 2026

Price History

Listing history

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Property

Style
Bungalow
Age
51-99
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Piers
Interior
Primary Bedroom - Main Floor, Propane Tank, Water Heater Owned
Lot Size
132.35 x 165 Feet

Parking

Garage
Attached
Covered Spaces
1
Total Parking
4

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
McLachlan Street
Zoning
R2
Parcel Number
331460659
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
Cottage can be sold with all furnishings, dishes ect, or can be emptied for buyers. Appliances will stay, fridge, stove, washer/dryer combo
Exclusions
Some peices of artwork

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
$512,500
Homes sold
176
Median days on market
38
Sale-to-list price
94.4%

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

Listed by

Century 21 Millennium Inc.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$89,800

Estimated Monthly Payment

$2,206

Land transfer tax

Estimated land transfer tax$5,455

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: $2,206/mo (20% down, 5.5%)

Taxes: $137/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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