Lot 47 Bay Road

Goulais River · MLS® SM262200

1 sq ft lot · Land · Vacant Land · 67 days on market

listed by Samanda Butkovich, Remax Sault Ste. Marie Realty Inc.

realtor's description

Just off Marlette Drive and close to Horseshoe Bay- 100 feet of pristine shoreline on Lake Superior, this 0.8-acre property offers the kind of privacy that’s getting harder to find. Located on a quiet dead-end, year-round road 40 minutes from the Sault. Driveway in and selectively cleared, the cabin sits back from the water, a great retreat or guest bunkie once you build your dream home. Protection from the wind by the Jolly Island, and just around the point, Horseshoe Bay is known for its calm, protected waters. This area is especially appealing for canoeing, kayaking and proximity to the Bay Lagoon. Also features an outhouse and hydro pole on the property not currently connected.

property details

type: Land, Vacant Land
lot: 1 sq ft
parking: 0
property tax: $350 / yr
days on market: 67
MLS®: SM262200

monthly cost

$813/mo

Mortgage $784 · Tax $29

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

estimated payment

$784/ monthly

loan $143,920

25-year amortization

down payment20% · $35,98020%+ 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: $91,222
cash to close: $35,980; down payment; transfer tax and fees not included
total paid: $235,142

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