N/A Highway 551

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$100,000

N/A Highway 551

Providence Bay, Manitoulin Island · MLS® 2129355

Land · Vacant Land · 94 days on market

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

realtor's description

Build your Manitoulin Island home on this attractive residential lot located along Highway 551 on the outskirts of Providence Bay. Mature cedar trees define the property boundaries, offering privacy and a natural setting, while the cleared center is grassed and regularly maintained, providing an excellent starting point for future development. Enjoy being just minutes from the beautiful Providence Bay beach and boardwalk, along with seasonal favourites including fish and chips and ice cream. The community also offers year-round recreation, with curling and arena activities throughout the winter months. A great opportunity to enjoy peaceful country living while remaining close to the conveniences and charm of Providence Bay.

property details

type: Land, Vacant Land
parking: 0
days on market: 94
MLS®: 2129355

features

Family Oriented
Quiet Area
Fishing
Recreational Facilities

monthly cost

$436/mo

Mortgage $436

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

estimated payment

$436/ monthly

loan $80,000

25-year amortization

down payment20% · $20,00020%+ 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: $50,707
cash to close: $20,000; down payment; transfer tax and fees not included
total paid: $130,707

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