PT 1 Highway 540

Gore Bay, Manitoulin Island · MLS® 2127650

Land · Vacant Land · 164 days on market

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

realtor's description

Welcome to your dream homesite! Situated along Highway 540 in the community of Ice Lake, this 2+ acre building lot offers the perfect canvas for your future home. With apple trees dotting the landscape and an idyllic building spot, this property promises a harmonious blend of nature and convenience. Discover the ideal location to construct your dream home. With ample space, your design possibilities are endless. Create a charming country cottage or a spacious family estate; the choice is yours. Located on the main highway, your new homesite offers easy access to nearby towns. Don't miss this rare opportunity to own a piece of country paradise with the convenience of highway access. Create your own retreat, build your dream home, and start living the life you've always envisioned. Contact us today to schedule a visit and experience the magic of this 2+ acre building lot for yourself. Your dream home begins here!

property details

type: Land, Vacant Land
parking: 0
days on market: 164
MLS®: 2127650

features

Rural Setting
High Traffic Area
School Bus

monthly cost

$325/mo

Mortgage $325

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

estimated payment

$325/ monthly

loan $59,760

25-year amortization

down payment20% · $14,94020%+ 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: $37,878
cash to close: $14,940; down payment; transfer tax and fees not included
total paid: $97,638

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