$5,499,000
Assiginack, Manitoulin Island
Assiginack, Manitoulin Island, Ontario, P0P1N0
This 3-bedroom, 3-bathroom home in Assiginack, Manitoulin Island is for sale offering roughly 2,250 sq ft of space. Its $5,499,000 asking price sits right in line with the $5,499,000 median in Assiginack, Manitoulin Island. It has been on the market 2 days, fresher than the Assiginack, Manitoulin Island average of 200 days.
Exceptional 169-Acre Waterfront Vineyard Estate – Manitowaning Bay An extraordinary opportunity to own 169 acres of stunning Manitoulin Island landscape with approximately 4,000 feet of frontage on the crystal-clear waters of Manitowaning Bay. This remarkable estate combines a beautifully finished modern home, established vineyard, productive pasture, mature hardwood forest, and exceptional waterfront. Completed in 2016, the home features high-end finishes, stucco exterior, 2x6 construction, an ICF foundation, and a propane boiler providing in-floor heating on the main and upper levels, with radiant radiators in the basement. The established 12-acre vineyard features approximately 5,000 grape plants and five miles of grape rows, with varieties including Frontenac, Louise Swenson, Baco Noir, Seyval Blanc and Vidal. An exciting opportunity for those looking to pursue wine production or expand an agricultural venture. Approximately 50 acres of pasture, mature hardwood forest under a Forestry Management Program, and a magnificent 50' x 120' barn dating back over 100 years further enhance this diverse property. Additional features include an insulated workshop, natural spring-fed dug well, waterfront sauna, and a remarkable 50,000-pound Inukshuk measuring approximately 11 feet across. The property's extensive shoreline and substantial acreage also present potential to explore future waterfront severances, subject to municipal approvals and all required due diligence. Adding to the property's accessibility, the Manitoulin East Municipal Airport is located approximately 5 km away, providing convenient access for private and charter aviation. A rare opportunity to acquire a distinctive waterfront estate offering an exceptional combination of luxury living, vineyard, agriculture, natural beauty, accessibility, and future potential. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 200 days across the listings currently for sale in this city
This 3-bed single family in Assiginack, Manitoulin Island has been listed for 2 days, which is 198 days fresher than the city average of 200. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,499,000, about 85.9× the local median household income of $64,000.
Carrying it typically needs a household income of about $1,074,147 (20% down, 25-yr amortization, stress-tested) — roughly 1578% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
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