$72,500
Est. payment $321/moCalculate yours
24584 Hwy 540, Manitoulin Remote Area, ON P0P 1Y0
Manitoulin Remote Area, ON P0P 1Y0
Listing courtesy of EXP Realty MLS® X13887716
About this home
Discover the possibilities of 2.13 acres on the peaceful western end of Manitoulin Island. Located along Highway 540, just a short drive from Meldrum Bay, this property offers an impressive 412.5 feet of road frontage and plenty of space to bring your plans to life. Whether you’re looking for a future homesite, recreational getaway, or simply a piece of the Island to call your own, this affordable parcel offers an opportunity to start fresh in a quiet rural setting surrounded by the natural beauty Manitoulin is known for. An older dwelling remains on the property and is being sold as-is.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Interior
- Basement
- Other
Building & Systems
- Cooling
- Other
- Exterior
- Other
- Foundation
- Other
- Roof
- Other
- Water
- None
- Sewer
- None
Lot & Parking
- Lot Size
- 2-4.99 acres
- Parking
- None garage
- Zoning
- R
Financial
- Property Taxes
- $536 (2026)
Location
- Direction Faces
- North
Listing
- MLS® Number
- X13887716
- Days on Market
- 63
- Listed On
- 2026-08-16
- Listed By
- EXP Realty
Features
Interior
- Other
Community
- Wooded
Pool
- None
Mortgage calculator
Estimated mortgage payment
$321 per month
- Principal and interest
- $321
- Property tax
- $45
- Condo fees
- $0
- Estimated monthly cost
- $366
Your mortgage
- Mortgage amount
- $58,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $38,304
Cash to close
- Down payment
- $14,500
- Land transfer tax
- $450
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $14,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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