503 Bay Street, South Bruce Peninsula, ON N0H 2T0
South Bruce Peninsula · Near McLachlan Street · View map
About this home
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Lot size
- 132.4 x 165 ft
- Faces
- West
- View
- Bay, Beach, Trees/Woods, Water, Lake
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 3
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $1,648/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- McLachlan Street
- Neighbourhood
- South Bruce Peninsula
More
- Price per sq ft
- ~$499 (at 900 sq ft)
- Listed
- Jun 24, 2026 · 111 days ago
- MLS® number
- X13483760
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The home and its surroundings
- Primary Bedroom - Main Floor
- Propane Tank
- Water Heater Owned
- Beach
- Campground
- Hospital
- Marina
- School Bus Route
- School
- Backs On Green Belt
- Privacy
- Porch
- Seasonal Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
503 Bay Street, South Bruce Peninsula, ON N0H 2T0
South Bruce Peninsula · Near McLachlan Street
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Listing history for 503 Bay Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 503 Bay Street
Answers come straight from this home’s MLS® listing.
How much is 503 Bay Street listed for, and what would it cost each month?
503 Bay Street is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,948 a month, all in. That figure is an illustration, not a quote.
Is 503 Bay Street freehold or a condo, and is there a monthly fee?
503 Bay Street is a bungalow in South Bruce Peninsula. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 503 Bay Street have?
503 Bay Street has 2 bedrooms and 1 bathroom.
Does 503 Bay Street have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 3 spaces. In total the listing counts 4 parking spaces.
Does 503 Bay Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 503 Bay Street?
503 Bay Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 503 Bay Street, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 132.4 x 165 ft.
How is 503 Bay Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 503 Bay Street?
Property taxes are $1,648 a year (2025), or about $137 a month.
Where is 503 Bay Street?
503 Bay Street is in South Bruce Peninsula. The nearest main intersection is McLachlan Street. The postal code is N0H 2T0.
How long has 503 Bay Street been on the market?
503 Bay Street was listed on June 24, 2026. It has been on the market for 111 days. It is an active listing (MLS® X13483760). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 503 Bay Street asking?
Similar bungalow-style homes for sale nearby right now include 188 Bay Street at $549,900 (2 bed), 553 Bay Street at $529,000 (3 bed) and 99 Teddy Bear Lane at $449,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 503 Bay Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 503 Bay Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near South Bruce Peninsula, picked by style, size and price.
Bungalow$549,900188 Bay Street, South Bruce Peninsula2 bed · 1 bath · South Bruce PeninsulaCourtesy of: RE/MAX Grey Bruce Realty Inc.View home →
Bungalow$529,000553 Bay Street, South Bruce Peninsula3 bed · 1 bath · South Bruce PeninsulaCourtesy of: Century 21 Millennium Inc.View home →
Bungalow$449,90099 Teddy Bear Lane, South Bruce Peninsula2 bed · 1 bath · South Bruce PeninsulaCourtesy of: eXp RealtyView home →Courtesy of: Century 21 Millennium Inc.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.