356 Cedar Tree Trail

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$215,000

356 Cedar Tree Trail

Silver Water, Manitoulin Island · MLS® 2124811

House · Recreational · 398 days on market

listed by HUGH MCLAUGHLIN, MANITOULIN REALTY INC.

realtor's description

Camping on Lake Huron 25 acres with 150 feet of water frontage accessed via Little Lake Huron and Pebble Roads to 356 Cedar Tree Trail. Flat alvar lot of 1.6 acres on the lake side to the south and over 24 acres of bush and open areas to the north end also accessible from Pebble Road. Cottage 16 x 24 feet with one bedroom and open kitchen dining living area entered through a spacious post and beam covered deck built in 2018. New steel roof and windows in 2016. Propane appliances and wood stove included. Outdoor shower. Misery Bay Provincial Park trails a short hike to the east. Taxes $800. $215,000 (1674)

property details

type: House, Recreational
parking: 0
days on market: 398
MLS®: 2124811

monthly cost

$937/mo

Mortgage $937

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

estimated payment

$937/ monthly

loan $172,000

25-year amortization

down payment20% · $43,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $109,020
cash to close: $43,000; down payment; transfer tax and fees not included
total paid: $281,020

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