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514C East Road
homes for sale · Mindemoya, Manitoulin Island
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$350,000

514C East Road

Mindemoya, Manitoulin Island · MLS® 2129063

Land · Vacant Land · 108 days on market

listed by LEANNE LEWIS, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA)

realtor's description

Rare Lake Manitou offering with approximately 36 acres and 600 feet of beautiful east-facing waterfront. This exceptional property offers a unique combination of privacy, mature bush, inland pond, wildlife, recreational features, and multiple potential building areas. The shoreline is rock, clean, weed-free, and incredibly clear, with a gradual slope to approximately 6 feet deep about 80 feet from shore. The water is often calm and glass-like, ideal for swimming, boating, and fishing, with trout and bass caught right from the dock. The property features a permanent legal easement road that extends to the building/recreational area, estimated at approximately $100,000 in value, designed specifically to provide guaranteed, direct access to the shoreline. Improvements include a lakeside barrel sauna, large composite deck, long T-shaped aluminum/composite dock, fire pit area surrounded by large boulders, storage cans tucked off the main road, and a recently built chicken coop. A large pond teeming with bait fish and bass also attracts ducks, geese, swans, cranes, beavers, and turtles. The land includes approximately 15 acres of mature maple and oak, ideal for a sugar shack, future cabins or Airbnb potential, along with dense mature cedar clusters, abundant firewood, a freshwater spring, and excellent wildlife habitat. Deer and pheasant are commonly seen, and the property has proven to be a successful hunting location. Nature lovers will appreciate the incredible foraging potential, including trout lilies, leeks, mushrooms, herbs, haskap, blackberry, and raspberry bushes. Indigenous medicine people have recognized the property for its rare natural medicines. Enjoy breathtaking sunrises from the east-facing shoreline, sunset colours from the dock, and the best of both worlds on a property that feels open, bright, and never shaded.

property details

type
Land, Vacant Land
parking
0
days on market
108
MLS®
2129063

features

  • Family Oriented
  • Quiet Area
  • Rural Setting
  • Fishing

monthly cost

$1,525/mo
Mortgage $1,525

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

estimated payment
$1,525/ monthly
loan $280,000
25-year amortization
total interest
$177,475
cash to close
$70,000
down payment; transfer tax and fees not included
total paid
$457,475

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

location

Mindemoya, Manitoulin IslandGoogle Maps ↗

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listed by
LEANNE LEWIS
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA)
call LEANNE · 705-261-4663
Powered by: REALTOR.ca

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location

Mindemoya, Manitoulin IslandGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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