148 Dr McLay Drive

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$199,900

148 Dr McLay Drive

Assiginack, Manitoulin Island · MLS® 2129087

Land · Vacant Land · 106 days on market

listed by NATHAN SCKOPKE, COLDWELL BANKER - CHARLES MARSH REAL ESTATE, BROKERAGE

realtor's description

Welcome to 148 Dr McLay Dr on the beautiful waters of Manitoulin Island. Beautifully landscaped and meticulously maintained, this stunning property of 1.23 acres is the perfect place to relax, recharge, and enjoy island living at its finest. Complete with a trailer, a shed featuring 200-amp electrical service, an outdoor latrine, and an enclosed outdoor shower, this property is ready for immediate enjoyment. Island time truly means your time at this breathtaking retreat with 154 feet of water frontage on South Bay! Whether you're looking for a peaceful getaway where you can leave the stress of everyday life behind or the perfect location to build your dream home on the South Bay, this exceptional property offers endless possibilities. Don't miss this rare opportunity to own your own slice of paradise.

property details

type: Land, Vacant Land
parking: 0
days on market: 106
MLS®: 2129087

monthly cost

$871/mo

Mortgage $871

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

estimated payment

$871/ monthly

loan $159,920

25-year amortization

down payment20% · $39,98020%+ 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: $101,364
cash to close: $39,980; down payment; transfer tax and fees not included
total paid: $261,284

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