11 Thorburn Street

Gore Bay · MLS® 2129080

Land · Vacant Land · 107 days on market

listed by KAREN BOND, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA)

realtor's description

Build your dream home on this beautiful 1-acre building lot overlooking the picturesque Gore Bay Marina. Municipal water and sewer services are available at the lot line, offering the convenience of municipal services in one of Manitoulin Island's most desirable waterfront communities. Enjoy the convenience of being just a short walk from Gore Bay's charming downtown, where you'll find shops, cafés, the waterfront boardwalk, and marina. The lot backs onto an unopened road allowance, providing added privacy and a peaceful natural backdrop.

property details

type: Land, Vacant Land
parking: 0
days on market: 107
MLS®: 2129080

features

Community Centre

monthly cost

$379/mo

Mortgage $379

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$379/ monthly

loan $69,600

25-year amortization

down payment20% · $17,40020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $44,115
cash to close: $17,400; down payment; transfer tax and fees not included
total paid: $113,715

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.