$849,900
37 SILVER LAKE CRESCENT
Beds
5
Baths
3 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for South Bruce Peninsula. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Welcome to 37 Silver Lake Crescent-a rare, high-capacity retreat nestled in the heart of Sauble Beach. While many properties in the area offer the classic cottage feel, few provide the sheer scale and modern comfort found here. Originally a traditional cottage, this home underwent a massive professional transformation in 2011 that nearly doubled its footprint. This extensive renovation evolved the property into a substantial year-round residence or high-yield investment, offering over 2,200 square feet of finished living space across two bright levels. With five spacious bedrooms and three bathrooms, the floor plan is expertly designed to accommodate large families or groups without ever feeling crowded. The location is truly the best of both worlds, situated in a peaceful pocket between two of Ontario's most sought-after bodies of water. You are just a short, easy stroll from the warm, tranquil shores of Silver Lake-perfect for morning paddles-and only minutes from the world-renowned sandy beach and iconic sunsets of Lake Huron. After a day at the beach, you'll appreciate the deep, treed lot that offers plenty of privacy and a true sense of escape. For the hobbyist or outdoor adventurer, the property features a detached double garage and shop, providing the essential space needed to store boats, snowmobiles, and all the gear that a four-season lifestyle in Bruce County demands.Beyond its physical beauty, this property represents a savvy financial opportunity. The layout, which includes a fully finished walk-out lower level, is perfectly suited for a high-performing Airbnb or short-term rental. The potential for significant rental income offers a unique chance to have your vacation home pay for itself, effectively offsetting your mortgage while you build equity in one of Canada's premier beach destinations. **some images enhanced using Ai to remove winters glory! (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- South Bruce Peninsula
- Common interest
- Freehold
- Lot dimensions
- 80.5 x 215 FT
- Bedrooms
- 2 above grade, 3 below grade
- Parking
- 8 total
- Fireplace
- Yes
- On market
- Apr 15, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $4,618
- Photos
- 35
- MLS#
- X13001200
- Area
- SOUTH_BRUCE_PENINSULA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.63%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,239
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.