4 Bed, 2 Bath Detached Home in Northern Bruce Peninsula
About 28 Elgin Street
Located on the North-shore of Tobermory, this stunning 2-acre property is an oasis waiting for you! Offering over 200ft of clean, rocky shoreline on Georgian Bay, a large pond, gardens and various outdoor sitting areas, there are many areas to entertain and relax. Listen to the sound of the waves along the shoreline as you watch the boats go by to the islands. Enjoy a campfire by the pond, or a picnic with the grandchildren. The 12'x16' garage nearby offers great storage for water toys or gardening tools. There are various water taps throughout the property for ease! Sitting proudly atop the escarpment, the 4-season residence features 4 bedrooms, 2.5 bathrooms and 2,979sq.ft. of living space. Enter the tiled foyer and hang up your coat in the mudroom. The attached 2-car garage provides direct access to the home, and a potential workshop, currently used as an office. A great room welcomes you in as you, featuring a solarium and propane fireplace. A secondary family room offers a great play space or home gym. The custom kitchen features SS appliances, pull-out drawers, undercabinet lighting, a breakfast bar and granite countertops. Open to the dining room, you are afforded stunning lake views, and access to the water-side patio with built-in seating and a BBQ station. Inside, an oversized laundry room doubles as a pantry, while a 2Pc bathroom and main-floor bedroom round out the main level. Climb the stairs to the loft and enjoy elevated views of Georgian Bay from the library. The Primary suite offers a 3Pc ensuite, WIC as well as private deck. Two additional large bedrooms share a 4Pc family bathroom. Outside, the 20'x30' detached garage provides more room for guests with the upper level bunkie! The lower level is insulated and RI for in-floor heating. Enjoy hiking the Bruce Trail, visiting local shops, strolling the public beaches or scuba diving the clear waters of Georgian Bay and Lake Huron. Opportunity awaits on Georgian Bay, sited minutes to Tobermory!
4 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $554 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 28 Elgin St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
3.08
Listing & possession
Property style
2-Storey
Property class
Detached
28 Elgin St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13417836$1,385,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 28 Elgin St Compares to the Northern Bruce Peninsula Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,804
/mo
based on the purchase price of $1,385,000
$277,000 cash
$1,108,000 financed
$933,227 total interest
Principal54%$1,108,000
Interest46%$933,227
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Northern Bruce Peninsula
Other 3–4 bed homes for sale in Northern Bruce Peninsula around $1.4M.
Average days on market67Homes sold in about 67 days on average.
Sale-to-list ratio93.8%On average, homes sold below asking.
Active listings251Homes for sale here right now.
Median vs prior 90 days+5.8%Compared with May 1 – Jul 30, 2026: prices up.
Based on 59 sales from Jul 30 – Oct 28, 2026 (64 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 28 Elgin St
How much is 28 Elgin St listed for?
28 Elgin St is listed at $1,385,000 (MLS® X13417836). Summitly updates the price as soon as the MLS® record changes.
Is $1,385,000 a good price for 28 Elgin St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Northern Bruce Peninsula. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 28 Elgin St changed?
No — 28 Elgin St is still listed at its original asking price of $1,385,000.
How many bedrooms and bathrooms does 28 Elgin St have?
28 Elgin St has 4 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Northern Bruce Peninsula.
How much would the monthly mortgage be on 28 Elgin St?
About $6,804 a month — principal and interest on $1,385,000 with 20% down ($277,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 28 Elgin St compare with other homes in Northern Bruce Peninsula?
Its asking price of $1,385,000 is about 152% above the median sold price in Northern Bruce Peninsula over the last 90 days, $550,000, across 59 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 28 Elgin St been sold before?
Summitly has no earlier MLS® sale or lease of 28 Elgin St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 28 Elgin St?
28 Elgin St is in Northern Bruce Peninsula, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 28 Elgin St been on the market?
142 days — 28 Elgin St was listed on June 8, 2026.
What is the price per square foot of 28 Elgin St?
About $462 to $554 per square foot: the asking price of $1,385,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 28 Elgin St have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 28 Elgin St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.