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Lots & Land in Northern Bruce Peninsula
About Lot 22 Ray Drive
Well treed building lot just under 2 acres in size and close to the village of Tobermory. Property is located on a year round municipal road and there is a municipal open space just behind the property with access to the bay. Property measures 173 feet wide and is 440 feet deep. There is a roughed-in laneway. If you enjoy hiking the trails nearby, or going into the village to enjoy some shopping, boating, restaurants or just to enjoy the fabulous views around the bay, this is a good lot to build your dream home or cottage on. Taxes: $300.21. There is hydro and telephone along the roadside. For more information, feel free to reach out to the municipality at 519-793-3522 ext 226 and reference roll number 410968000403623.
Northern Bruce Peninsula land priced at $229,000 — book a tour to see if it fits your search.
Inside Lot 22 Ray Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
Lot 22 Ray 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® X12728198$229,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Lot 22 Ray Dr Compares to the Northern Bruce Peninsula Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,125
/mo
based on the purchase price of $229,000
$45,800 cash
$183,200 financed
$154,302 total interest
Principal54%$183,200
Interest46%$154,302
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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Book a tour of Lot 22 Ray Dr with a licensed buyer's agent
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Zara · AI virtual agent
Ask about Lot 22 Ray Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed 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 Northern Bruce Peninsula
Other homes for sale in Northern Bruce Peninsula around $229K.
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 Lot 22 Ray Dr
How much is Lot 22 Ray Dr listed for?
Lot 22 Ray Dr is listed at $229,000 (MLS® X12728198). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 22 Ray Dr changed?
No — Lot 22 Ray Dr is still listed at its original asking price of $229,000.
How many bedrooms and bathrooms does Lot 22 Ray Dr have?
The listing for Lot 22 Ray Dr doesn't publish its bedroom and bathroom count. It is a lot in Northern Bruce Peninsula.
How much would the monthly mortgage be on Lot 22 Ray Dr?
About $1,125 a month — principal and interest on $229,000 with 20% down ($45,800), 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 Lot 22 Ray Dr compare with other homes in Northern Bruce Peninsula?
Its asking price of $229,000 is about 60% below 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 Lot 22 Ray Dr been sold before?
Summitly has no earlier MLS® sale or lease of Lot 22 Ray Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 22 Ray Dr?
Lot 22 Ray Dr is in Northern Bruce Peninsula, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 22 Ray Dr been on the market?
289 days — Lot 22 Ray Dr was listed on January 24, 2026.
What is the lot size of Lot 22 Ray Dr?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on Lot 22 Ray Dr?
About $2,015 in Ontario land transfer tax at the asking price of $229,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of Lot 22 Ray Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for Lot 22 Ray Dr?
The listing for Lot 22 Ray Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Northern Bruce Peninsula.
