2Imagine a lifestyle where every day revolves around the water.
3This exceptional Tobermory waterfront property offers pristine Lake Huron shoreline, five thoughtfully updated cottages, and a main house for comfortable year-round living.
3 Bed, 1 Bath Detached Home in Northern Bruce Peninsula
About 468 Warner Bay Road
Your Tobermory Waterfront Retirement Dream Awaits! Imagine a lifestyle where every day revolves around the water. This exceptional Tobermory waterfront property offers pristine Lake Huron shoreline, five thoughtfully updated cottages, and a main house for comfortable year-round living. Perfect for those approaching semi-retirement or seeking a more relaxed pace of life, this unique property offers the best of both worlds. Enjoy the comfort of the main house throughout the winter, then embrace cottage living during the warmer months. Wake up to the sound of the waves, enjoy morning coffee overlooking the water, spend sun-filled afternoons swimming, boating, or simply relaxing along the shoreline, and end each day with breathtaking sunsets over Lake Huron. With five cottages, there is plenty of room to welcome family and friends, create a private multi-generational retreat, or enjoy your own peaceful summer escape. When you're not using the cottages yourself, the existing accommodations also offer potential for short-term rental income, providing an opportunity to offset ownership costs while enjoying this remarkable waterfront setting. Located in the iconic Tobermory area, surrounded by crystal-clear waters, breathtaking natural beauty, and endless recreational opportunities, this is more than a waterfront property. It's an opportunity to create a lifestyle centered around relaxation, freedom, and the simple pleasure of living by the water. Enjoy the comfort of home in the winter. Embrace cottage life in the summer. Make every season a reason to love where you live.
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $1,635 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 468 Warner Bay Rd
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Lot size
646.00 x 575.00 Feet8.397 sq ft
Parking
16 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
16
Interior
Basement
Unfinished
Lot & land
Lot dimensions
646.00 x 575.00 Feet
Lot size (sqft)
8.397
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
468 Warner Bay Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13791626$1,799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 468 Warner Bay Rd 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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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
$8,838
/mo
based on the purchase price of $1,799,000
$359,800 cash
$1,439,200 financed
$1,212,184 total interest
Principal54%$1,439,200
Interest46%$1,212,184
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.
For homeowners nearby
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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 2–9 bed homes for sale in Northern Bruce Peninsula around $1.8M.
Average days on market72Homes sold in about 72 days on average.
Sale-to-list ratio93.8%On average, homes sold below asking.
Active listings212Homes for sale here right now.
Median vs prior 90 days+24.6%Compared with May 13 – Aug 11, 2026: prices up.
Based on 58 sales from Aug 11 – Nov 9, 2026 (61 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 468 Warner Bay Rd
How much is 468 Warner Bay Rd listed for?
468 Warner Bay Rd is listed at $1,799,000 (MLS® X13791626). Summitly updates the price as soon as the MLS® record changes.
Is $1,799,000 a good price for 468 Warner Bay Rd?
Summitly rates it Well Above Market: the asking price is 15% or more 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 468 Warner Bay Rd changed?
No — 468 Warner Bay Rd is still listed at its original asking price of $1,799,000.
How many bedrooms and bathrooms does 468 Warner Bay Rd have?
468 Warner Bay Rd has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Northern Bruce Peninsula.
How much would the monthly mortgage be on 468 Warner Bay Rd?
About $8,838 a month — principal and interest on $1,799,000 with 20% down ($359,800), 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 468 Warner Bay Rd compare with other homes in Northern Bruce Peninsula?
Its asking price of $1,799,000 is about 214% above the median sold price in Northern Bruce Peninsula over the last 90 days, $573,000, across 58 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 468 Warner Bay Rd been sold before?
Summitly has no earlier MLS® sale or lease of 468 Warner Bay Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 468 Warner Bay Rd?
468 Warner Bay Rd is in Northern Bruce Peninsula, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 468 Warner Bay Rd been on the market?
56 days — 468 Warner Bay Rd was listed on September 14, 2026.
What is the price per square foot of 468 Warner Bay Rd?
About $1,199 to $1,635 per square foot: the asking price of $1,799,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 468 Warner Bay Rd have parking or a garage?
Yes — the listing gives 16 parking spaces. Garage: Yes.
Does 468 Warner Bay Rd have a basement, and is it finished?
The listing describes the basement as: Unfinished.