593 Stokes Bay Road
Northern Bruce Peninsula, Northern Bruce Peninsula, N0H 2M0
$379,900
Reduced $20,000 from $399,900
Listed 326 days ago · MLS® X12584438
About this home
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.
Details
- Type
- Investment
- Lot
- 82.47 × 110.73 ft
- Garage
- None
- Property tax
- $1,789 (2025)
- Neighbourhood
- Northern Bruce Peninsula
- Municipality
- Northern Bruce Peninsula
Heating, cooling and services
- Heating
- Propane Gas
- Water and sewer
- Septic
- Utilities
- Yes
Building and exterior
- Building area
- 2,712 Square Feet
More
- Possession
- Possession can be flexible
- Cross street
- Stokes Bay Road and Stokes River Road
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Car-dependent
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 0 parks.
Who lives here postal area N0H
- Owners / renters
- 86% / 14%
- Median household income
- $86,000
- Average age
- 48
- Children under 15
- 14%
- Homes
- 86% detached, 0% high-rise
- Commute by transit
- 0%
- Population
- 53,674
Languages spoken most at home besides English: German 0.4%, Pennsylvania German 0.3%, Urdu 0.2%, Gujarati 0.2%.
Safety
Crime Severity Index for Grey Bruce (Northern Bruce Peninsula) (OPP): 32 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX Grey Bruce Realty Inc..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.