40 Alice Street
Blue Mountains, ON
- 4 bed
- 5 bath
- approx. 1500-2000 sqft
- Detached
An oasis in the heart of Thornbury, one of Southern Georgian Bay's most beloved waterfront towns. Tucked at the end of a quiet dead-end street, this blue-and-white two-storey rests on a beautifully treed hillside with direct frontage on the tranquil Mill Pond, where the Beaver River widens on its way to Georgian Bay. Watch swans glide past from your own dock, launch a paddleboard from your shoreline, and enjoy the calm of a no-motor pond minutes from town. Nearly 2,000 sq ft above grade offers principal rooms joined by a double-sided brick fireplace, a kitchen with white cabinetry, gas cooktop, double wall ovens and butcher-block island, and five main-floor walkouts to the deck and gardens. Upstairs, the water-facing principal bedroom has a vaulted ceiling, hardwood, room for a sitting area and its own fireplace, beside a spa-style hall bath with glass shower, jetted tub, double vanity and concealed laundry; a second bedroom enjoys a private 3-piece ensuite. The walkout lower level adds a terracotta-tiled family room with brick fireplace, covered patio and 3-piece bath. Outside is where this property truly shines: a heated in-ground pool and cabana, multi-level decking, limestone terraces, firepit and mature gardens, then recapped stairs descending through a private wooded valley to a gazebo and dock at the water's edge. A separate two-bay garage complex adds a finished lounge/flex bay, kitchenette, 3-piece pool bath and bright loft with skylights - guest overflow, gym, studio or games room. Interlocking drive parks six. Municipal water and sewer, natural gas, central air, 200-amp service and generator connection. Stroll to Thornbury's restaurants, bakeries, boutiques and the harbour; ski the private clubs and Blue Mountain in winter; spend summers on Georgian Bay's beaches, golf courses and the Georgian Trail. Vacant with flexible possession - a rare chance to own a true in-town waterfront sanctuary where small-town charm meets four-season adventure.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,985
- Listed
- September 4, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 31-50
- Construction
- Wood, Stone
- Roof
- Shingles
- Foundation
- Stone
- Interior
- Built-In Oven, Sauna
- Lot Size
- 289.37 x 464.77 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bruce Street S., and Alice Street E.
- Zoning
- Residential
- Parcel Number
- 371400239
- Possession
- Flexible
- Occupancy
- Owner
Waterfront
- Water Body
- Mill Pond
- Shoreline
- Shallow
- Docking
- Private
Schools
Elementary
- Beaver Valley Community School0.9 km
Public · Bluewater DSB · 620 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 50% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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 Blue Mountains · last 12 months
- Median sold price
- $900,000
- Homes sold
- 287
- Median days on market
- 50
- Sale-to-list price
- 94.4%
Based on 287 recorded sales of residential freehold properties in Blue Mountains over the last 12 months.
Listed by
Royal LePage Locations North
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$299,800
Estimated Monthly Payment
$7,364
Land transfer tax
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: $7,364/mo (20% down, 5.5%)
Taxes: $582/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Watch swans glide past from your own dock, launch a paddleboard from your shoreline, and enjoy the calm of a no-motor pond minutes from town.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?