$215,000
Silver Water, Manitoulin Island
Silver Water, Manitoulin Island, Ontario, P0P1Y0
This cottage in Silver Water, Manitoulin Island is for sale offering roughly 350 sq ft of space. Listed at $215,000, it is attractively priced about 25% below the $287,000 median asking price in Silver Water, Manitoulin Island.
Camping on Lake Huron 25 acres with 150 feet of water frontage accessed via Little Lake Huron and Pebble Roads to 356 Cedar Tree Trail. Flat alvar lot of 1.6 acres on the lake side to the south and over 24 acres of bush and open areas to the north end also accessible from Pebble Road. Cottage 16 x 24 feet with one bedroom and open kitchen dining living area entered through a spacious post and beam covered deck built in 2018. New steel roof and windows in 2016. Propane appliances and wood stove included. Outdoor shower. Misery Bay Provincial Park trails a short hike to the east. Taxes $800. $215,000 (1674) (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 408 days on market, against an average age of 162 days across the listings currently for sale in this city
This recreational in Silver Water, Manitoulin Island is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $215,000, about 3.4× the local median household income of $64,000.
Carrying it typically needs a household income of about $41,997 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
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