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Pemberton Holmes Ltd.

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75 Holmes Street
homes for sale · Spring Bay, Manitoulin Island · Spring Bay, Manitoulin Island
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$675,000

75 Holmes Street

Spring Bay, Manitoulin Island, Spring Bay, Manitoulin Island · MLS® 2127679

31

House · Single Family · 164 days on market

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

realtor's description

Welcome to 75 Holmes Street in Spring Bay on Manitoulin Island, a premier four-season waterfront cottage retreat! This lakeside bungalow sits on just over three-quarters of an acre on the shores of Lake Kagawong, facing west for the absolute best sunset views the island has to offer. Inside, the main cottage radiates warmth and charm with beautiful varnished pine covering the walls and ceilings. The kitchen features custom wooden cabinetry with plenty of cupboard and counter space, while the dining area offers a water-view gathering spot with a cozy wood-burning stove for cool mornings. The spacious living room includes a second wood stove for year-round comfort and large lakeside windows for ultimate relaxation. Two bedrooms, an office, and a four-piece bath complete this main floor. Downstairs provides abundant space to support your lakeside cottage lifestyle, featuring a large work area, a walk-in storage closet, a large laundry area, extra storage space, a partially finished rec room, and a large room currently set up as a guest bedroom. Outside, this property boasts a massive 36' by 52' industrial garage perfect for boat and toy storage, offering an industrial door, vehicle lift potential, and income potential as a rented storage space. You’ll also find a large insulated workshop with hydro, perfect for hobbies and projects. A 1.5-storey guest house offers excellent rental income potential, complete with 3 bedrooms, an open-concept kitchen/dining and living room, a four-piece bath, and a large water-facing front deck for complete guest comfort. This spectacular property also features your own private dock, boat lift, and swim platform to maximize your Manitoulin summers, plus an outdoor campfire space providing the perfect spot to enjoy warm summer or crisp autumn evenings. Come explore this fantastic four-season cottage opportunity in Spring Bay!

property details

type
House, Single Family
bedrooms
3
bathrooms
1
parking
0
days on market
164
MLS®
2127679

features

  • Family Oriented
  • Quiet Area
  • Rural Setting
  • Fishing

monthly cost

$2,941/mo
Mortgage $2,941

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

estimated payment
$2,941/ monthly
loan $540,000
25-year amortization
total interest
$342,273
cash to close
$135,000
down payment; transfer tax and fees not included
total paid
$882,273

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

location

Spring Bay, Manitoulin Island, Spring Bay, Manitoulin IslandGoogle Maps ↗

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listed by
LEANNE LEWIS
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA)
call LEANNE · 705-261-4663
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location

Spring Bay, Manitoulin Island, Spring Bay, 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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619 Lake Huron Drive, Spring Bay, Manitoulin Island, photo 2
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listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA)
32
MLS® 2127018