Island 72, Northern Bruce Peninsula, ON

EXCLUSIVE DEVELOPMENT OPPORTUNITY (UPDATED JULY 7 – 2025)

21 residential waterfront lot development on the west facing shores of Lake Huron, protected by Stokes Bay.

A development application for a 21-lot residential waterfront subdivision has been submitted to the County and was deemed complete on March 14, 2025. The developer is now awaiting formal draft plan approval, anticipated in the coming weeks.

While titled ‘Island 72,’ the subject property is connected to mainland by a 125m causeway. Once the municipal road is built the subject property will be deemed a peninsula.

The price for this development property has been reduced to $7,900,000. The vendor is open to flexible sale terms which will include if required a vendor take-back (VTB) mortgage. Profit sharing and /or equity will also be considered

This 37 acre waterfront parcel offers stunning South and West facing lake views on Lake Huron. Island 72 is situated near Greenough Harbour and Stokes Bay. Currently zoned Resort Residential, zoning permits a wide range of uses including seasonal and permanent residential dwellings.

Bruce County is a highly sought-after destination for both year-round and seasonal residents. One of its most striking natural landmarks is the Niagara Escarpment, which traces the eastern edge of the Bruce Peninsula from Wiarton to Tobermory. Equally iconic are the Lake Huron and Georgian Bay shorelines, stretching from Point Clark in the south to Tobermory in the north, offering exceptional waterfront vistas and outdoor recreation. The County’s many watersheds further enrich its environmental appeal and support a wide range of four-season activities.

Strategically positioned roughly two to two-and-a-half hours northwest of Toronto via Highways 6, 10, and 21, Bruce County provides the tranquillity of rural living without sacrificing urban convenience. This blend of spectacular natural assets, proximity to the GTA, and modern amenities makes Bruce County an ideal place to live, work, and play.