60 Third Avenue

Manitowaning, Manitoulin Island · MLS® 2123971

Land · Vacant Land · 444 days on market

listed by JEDD SMITH, ROYAL LEPAGE REALTY TEAM BROKERAGE

realtor's description

Discover the perfect place to build your dream home or cottage on this oversized lot at 60 Third Avenue on Manitoulin Island. Recently cleared and ready for construction, this spacious property offers the privacy of having no neighbours behind you. Enjoy the convenience of paved roads and municipal water service, eliminating the need for a well. Located in a friendly, close-knit community with nearby waterfront access at Sunsite Estates, this lot combines comfort, convenience, and natural beauty. SELLER IS WILLING TO HOLD A MORTGAGE ON THE PROPERTY (VTB).

property details

type: Land, Vacant Land
parking: 0
days on market: 444
MLS®: 2123971

features

Family Oriented
Quiet Area

monthly cost

$457/mo

Mortgage $457

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

estimated payment

$457/ monthly

loan $83,920

25-year amortization

down payment20% · $20,98020%+ 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: $53,192
cash to close: $20,980; down payment; transfer tax and fees not included
total paid: $137,112

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