$1,700,000
Gore Bay, Manitoulin Island
Gore Bay, Manitoulin Island, Ontario, P0P1J0
This 4-bedroom, 4-bathroom home in Gore Bay, Manitoulin Island is for sale offering roughly 3,250 sq ft of space. It has been on the market 120 days, fresher than the Gore Bay, Manitoulin Island average of 126 days.
Exceptional waterfront estate on beautiful Lake Kagawong in sought-after Ednie’s Bay. This custom-built Viceroy home, built in 2008, offers approximately 487 feet of west-facing shoreline, 7.5 acres of open field and mixed bush, and an impressive 4,600 sq. ft. of finished living space. The main floor features a spacious custom kitchen with granite countertops, large island, dual dishwasher, custom cabinetry, propane stove/grill/broiler and double oven. The open-concept living and dining area showcases cathedral ceilings, large windows, hardwood floors, built-in dining room cupboards and a cozy wood stove. The primary suite offers beautiful water views, two walk-in closets and a large ensuite with jacuzzi tub and separate shower. A large entrance and 2-piece bath complete the main level. The second floor includes two spacious bedrooms, an additional bathroom and a sitting area overlooking the lake, all with hardwood flooring. The fully finished walkout basement features tile floors, a large family/games room with wood stove, bedroom, utility room, storage room, laundry room and 3-piece bath. In-floor heat on all levels provides year-round comfort. The exterior is mostly stone with an asphalt roof, poured foundation and a newly built wraparound deck. Additional features include a large detached garage with multiple parking spaces and workshop, Generac system, hot water on demand, docks, boat lifts, lake-fed sprinkler system, gardens and perennials. Located on a private road with regular wildlife sightings, this rare Lake Kagawong property offers privacy, quality construction, acreage and exceptional waterfront living. Must see to appreciate. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 126 days across the listings currently for sale in this city
This 4-bed single family in Gore Bay, Manitoulin Island has been listed for 120 days, which is 6 days fresher than the city average of 126. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,700,000, about 26.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 419% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.