3 Bed, 1 Bath Detached Home in South Bruce Peninsula
About 497 Elizabeth Street
Like new bungalow on a gorgeous fully fenced lot! This Beautifully Updated 3-bedroom home offers one-level living on an impressive 110 ft x 198 ft landscaped lot in the heart of Hepworth. The layout features large principal rooms, tongue-and-groove pine ceilings, a built-in gas fireplace, a dedicated office/den and fresh paint throughout. Extensively renovated from 2021-2026, major updates include a Beautiful kitchen, gas furnace, on-demand hot water heater, pressure tank, electrical panel, windows, trim and doors, crawl space encapsulation with new sump system, full wood privacy fence, and more. Just move in and enjoy. The detached Double Plus 24' x 32' garage/workshop is a rare find, w/ heat, air conditioning, woodstove, 100-amp service, plus additional covered storage under the lean-to. A separate sunroom provides the perfect seasonal space for entertaining. Located on a quiet dead-end street, just a short walk to the public school, Tim Hortons, and local amenities, while only minutes to Sauble Beach and a convenient drive to Owen Sound and Wiarton. A Beautiful property with an incredible yard, outstanding workshop, and extensive updates throughout.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $407 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 497 Elizabeth St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
10 spacesYes garage
Basement
Crawl Space, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Crawl Space · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
497 Elizabeth St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,997
/mo
based on the purchase price of $610,000
$122,000 cash
$488,000 financed
$411,024 total interest
Principal54%$488,000
Interest46%$411,024
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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Similar homes for sale nearby in South Bruce Peninsula
Other 3–8 bed homes for sale in South Bruce Peninsula around $610K.
Average days on market63Homes sold in about 63 days on average.
Sale-to-list ratio93.8%On average, homes sold below asking.
Active listings203Homes for sale here right now.
Median vs prior 90 days−1.4%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 87 sales from Jul 24 – Oct 22, 2026 (58 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 497 Elizabeth St
How much is 497 Elizabeth St listed for?
497 Elizabeth St is listed at $610,000 (MLS® X13738518). Summitly updates the price as soon as the MLS® record changes.
Is $610,000 a good price for 497 Elizabeth St?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 497 Elizabeth St changed?
Yes — it was first listed at $624,900 and is now $610,000, a drop of $14,900 (2.4%).
How many bedrooms and bathrooms does 497 Elizabeth St have?
497 Elizabeth St has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in South Bruce Peninsula.
How much would the monthly mortgage be on 497 Elizabeth St?
About $2,997 a month — principal and interest on $610,000 with 20% down ($122,000), 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 497 Elizabeth St compare with other homes in South Bruce Peninsula?
Its asking price of $610,000 is about 20% above the median sold price in South Bruce Peninsula over the last 90 days, $510,000, across 87 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 497 Elizabeth St been sold before?
Summitly has no earlier MLS® sale or lease of 497 Elizabeth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 497 Elizabeth St?
497 Elizabeth St is in South Bruce Peninsula, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 497 Elizabeth St been on the market?
50 days — 497 Elizabeth St was listed on September 2, 2026.
What is the price per square foot of 497 Elizabeth St?
About $305 to $407 per square foot: the asking price of $610,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 497 Elizabeth St have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 497 Elizabeth St have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Unfinished.
