2 Bed, 1 Bath Detached Home in South Bruce Peninsula
About 38 Island View Drive
This charming three-season lakefront cottage on Chesley Lake offers a perfect getaway for recreational water sports, fishing, boating, and swimming. The cottage features two bedrooms, a kitchen, a bathroom, a living room, and a bonus room/enclosed sunroom with a fantastic lake view. The newer deck off the sunroom is ideal for enjoying meals, spending time with family and friends, or simply relaxing. The cottage and boathouse both boast a "Superior Steel Roofing System" metal roof, installed just four years ago. The boathouse, measuring 12' x 20', includes an overhead door, a poured concrete floor, hydro, and extra storage in the loft, offering great potential. Don't miss this opportunity to own a piece of waterfront property on beautiful Chesley Lake! Property being Sold AS IS WHERE IS as Seller has never lived in the property.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,143 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 38 Island View Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
38 Island View Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12675994$799,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Island View Dr Compares to the South Bruce Peninsula Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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
$3,930
/mo
based on the purchase price of $799,900
$159,980 cash
$639,920 financed
$538,981 total interest
Principal54%$639,920
Interest46%$538,981
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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Zara · AI virtual agent
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 South Bruce Peninsula
Other 3–4 bed homes for sale in South Bruce Peninsula around $800K.
Average days on market65Homes sold in about 65 days on average.
Sale-to-list ratio94.2%On average, homes sold below asking.
Active listings182Homes for sale here right now.
Median vs prior 90 days+3.1%Compared with May 9 – Aug 7, 2026: prices up.
Based on 78 sales from Aug 7 – Nov 5, 2026 (67 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 38 Island View Dr
How much is 38 Island View Dr listed for?
38 Island View Dr is listed at $799,900 (MLS® X12675994). Summitly updates the price as soon as the MLS® record changes.
Is $799,900 a good price for 38 Island View Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in South 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 38 Island View Dr changed?
No — 38 Island View Dr is still listed at its original asking price of $799,900.
How many bedrooms and bathrooms does 38 Island View Dr have?
38 Island View Dr has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in South Bruce Peninsula.
How much would the monthly mortgage be on 38 Island View Dr?
About $3,930 a month — principal and interest on $799,900 with 20% down ($159,980), 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 38 Island View Dr compare with other homes in South Bruce Peninsula?
Its asking price of $799,900 is about 58% above the median sold price in South Bruce Peninsula over the last 90 days, $505,000, across 78 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 38 Island View Dr been sold before?
Summitly has no earlier MLS® sale or lease of 38 Island View Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Island View Dr?
38 Island View Dr is in South Bruce Peninsula, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Island View Dr been on the market?
301 days — 38 Island View Dr was listed on January 8, 2026.
What is the price per square foot of 38 Island View Dr?
About $1,143 per square foot: the asking price of $799,900 over the 700 sq ft the listing gives.
Does 38 Island View Dr have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 38 Island View Dr have a basement, and is it finished?
The listing says 38 Island View Dr has no basement.
