The Bruce Peninsula
The Bruce Peninsula of Ontario extends northward into Lake Huron, with the main basin of the lake to its west and the Georgian Bay to its east. The Peninsula stretches for about 80 km and is just a few hours north of Toronto on Highway 6. The area is known for its wildlife and nature reserves, and those who appreciate the great outdoors will love the Bruce Peninsula real estate for its easy access to nature. The Peninsula is home to two national parks, a number of nature reserves, and part of the beautiful Niagara Escarpment. A small yet vibrant community lives on or near the Bruce Peninsula, which is composed of two Municipalities: real estate in the Bruce Peninsula breaks down into the Northern Bruce Peninsula and the South Bruce Peninsula.
The biggest towns in the north municipality include Tobermory and Lion’s Head, with Wiarton and Sauble Beach popular in the south. The Peninsula begins in the south at Sauble Beach and ends in the north at Tobermory. Tobermory is the ‘Northern Gateway’ of the Peninsula, where you’ll find a beautiful harbor featuring ancient shipwrecks, ringed by bluffs. Lion’s Head has rugged cliffs and trails for hiking, with launch points for boats and kayaks.
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Sauble Beach is a long, smooth stretch of coast that was named the #1 freshwater beach in all of Canada. Perfect for swimming, it also offers stunning sunsets. Wiarton is the largest community in the South Bruce Peninsula and continues to grow as new businesses continue to emerge. It is also famous throughout the world for the Wiarton Willie Festival, where the titular creature gives his Groundhog Day prediction.
Close to 4,000 people live in the Northern Bruce Peninsula, with around 8,500 in the South. It’s an affordable place to live, and conservationists and nature lovers of all kinds cherish real estate in the Bruce Peninsula for the many protected wildlife zones it gives access to. The various towns across the whole peninsula provide easy access to incredible natural beauty while still bringing you all the normal comforts you expect.
The area is truly a hiker’s paradise, and many towns also boast growing economies with low unemployment, making them very inviting for new residents interested in investing in real estate in the Bruce Peninsula. A local favorite is the Bruce Trail, which runs along the scenic Niagara Escarpment for nearly 900 km. It’s easy to find great hiking and camping spots in the many parks and nature reserves, including the Bruce Peninsula National Park and Fathom Five National Marine Park. These parks feature fun and challenging activities every season, like bouldering and kayaking in the summer or cross-country skiing and snowshoeing in the winter.
The cottage construction and rental industry is thriving, making up a substantial part of the Bruce Peninsula real estate market. Many cottages are on the waterfront, and are often rented to visitors for short or longer periods. This situation makes Bruce Peninsula real estate attractive for those looking at rental investments; especially with property prices lower than those in nearby Toronto. The multitude of options you’ll find on the Bruce Peninsula real estate market means the opportunity is there for people to come and live the life they’ve been dreaming of, or to invest in property that will always be in demand in the rental market.
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