Real Estate

What $500K gets you in Bruce County

There’s no end to the superlatives that could be used to describe the Bruce Peninsula. Rugged cliffs hug the peninsula, which is surrounded by crystalline blue waters that are perfect for scuba diving. As part of a world biosphere reserve, the area has the largest remaining area of natural habitat in Southern Ontario.

At the centre of it all is Tobermory, a town that’s a popular short-term and long-term summer destination. Despite its appeal, cottages in the area are surprisingly affordable. According to Mark McDade, an agent at Re/Max Grey Bruce Realty, the average cost of recreational properties in Bruce County hover around $250,000. However, waterfront properties sit closer to $300,000, with a 95 percent sale-to-list ratio.

While 25 Rita Crescent is listed at nearly twice this amount, McDade explains that it’s with good reason. “This property is at the higher end based on its pristine waterfront, as well as its proximity to Tobermory. You could even bike there if you want to,” he says, noting that the cottage does fall within the Fathom Five National Park area.

Location isn’t all that this cottage has to offer, though. With wood panelling throughout the interior, a beautiful stone foyer, and an updated bathroom, 25 Rita is a classic cottage with modern finishes.


Address: 25 Rita Crescent, St. Edmunds Twp, Ontario

Price: $469,900

Lot Size: 1 Acres

Floor Size: 1200 square feet with additional finished lower level

Bedrooms: 3

Bathrooms: 1.5

Notable Features

  • Located within Fathom Five National Park, close to Tobermory
  • Main deck is well-maintained and features a hot tub
  • Views of Lake Huron and islands; deep water perfect for boating directly in front of the property in the Cape Hurd Channel
  • Finished guest suite located above an insulated double-car garage
  • Both master bedrooms on the upper level have private balconies