Highway 17 Sheppards LN, Township of North Shore

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$359,000

Highway 17 Sheppards LN, Township of North Shore

Spragge · MLS® SM260407

336 sq ft lot · Land · Vacant Land · 234 days on market

listed by Jonathan Stewart, Royal LePage® Northern Advantage

realtor's description

336 Acres with large Trans-Canada highway # 1 frontage in Spragge, Ontario near the North Channel Yacht Club with fantastic fishing, boating, hunting, and hiking in the area. Explore the possibilities available with this rare 336-acre property that includes numerous frontages on Highway 17 around other business and residential uses between in Spragge. This property is a beautiful mix of mature forest, rocky Canadian Shield, and trails that create a stunning natural setting with endless potential and views of Lake Huron's North Channel. Marcellus Creek also crosses the northeast corner of this property, and hydro is available to connect to at numerous spots along the lot lines. Currently zoned rural, this property offers excellent opportunities for recreation, a private estate, eco-tourism, or future development whether through horizontal, vertical, re-zoning, or severances for rural or commercial uses. Just minutes from Lake Huron's North Channel and surrounded by stunning natural beauty, the property is located between Sudbury and Sault Ste. Marie, and is 18 minutes East of Blind River, near the Elliot Lake Highway 108 turnoff. Seller is a Registered Real Estate Broker.

property details

type: Land, Vacant Land
lot: 336 sq ft
parking: 0
property tax: $928 / yr
days on market: 234
MLS®: SM260407

monthly cost

$1,641/mo

Mortgage $1,564 · Tax $77

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

estimated payment

$1,564/ monthly

loan $287,200

25-year amortization

down payment20% · $71,80020%+ 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: $182,039
cash to close: $71,800; down payment; transfer tax and fees not included
total paid: $469,239

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