16 Giles Road

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$879,000

16 Giles Road

Seguin · MLS® X13792106

Land · Vacant Land · 38 days on market

listed by MATT SMITH, Engel & Volkers Parry Sound

realtor's description

Rare - Private Peninsula Retreat on Spring-Fed Otter Lake. Waterfront building lot on one of the most desirable lakes in the Parry Sound Area. Unique point of land set on an impressive almost 500 feet of pristine shoreline. Build your dream cottage on almost 2 acres only 10 minutes to Parry Sound. Prime level building sites. This is the one everyone has been waiting for! Private setting with mature trees and southern exposures. Only minutes to Highway 400. Hydro on lot line! Otter Lake is a large spring fed lake dotted with gorgeous islands, inlets & covers. Discover your own lakeside sanctuary just 2 hours north of Toronto and a short 10-minute drive to Parry Sound. This exclusive property offers unparalleled privacy and stunning views. Enjoy a full service marina, resort, access to Little Otter Lake, great swimming, fishing and miles of boating enjoyment. Welcome home, welcome to Otter Lake.

property details

type: Land, Vacant Land
parking: 0
property tax: $2,130 / yr
days on market: 38
MLS®: X13792106

monthly cost

$4,007/mo

Mortgage $3,830 · Tax $178

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,830/ monthly

loan $703,200

25-year amortization

down payment20% · $175,80020%+ 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: $445,716
cash to close: $175,800; down payment; transfer tax and fees not included
total paid: $1,148,916

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