Gurvinder Nokwal REALTOR®
For Sale Vacant Land 208 days on market

$29,500,000

Est. payment $130,620/moCalculate yours

Fitzwilliam Island, Northeastern Manitoulin and The Islands, ON P0P 1Z0

Northeastern Manitoulin and The Islands, ON P0P 1Z0

Listing courtesy of Engel & Volkers Toronto Central MLS® X12916310

About this home

The Crown Jewel of Georgian Bay: An unprecedented opportunity to acquire a legendary Canadian legacy estate. Situated in the pristine waters of Lake Huron and Georgian Bay within the District of Manitoulin, Fitzwilliam Island offers a magnificent 12,248-acre blank canvas. Located north of the renowned Fathom Five National Marine Park, the island shares the region’s breathtaking aqua-hued waters and ancient geology. Steeped in maritime history, it was famously known as “Horse Island” following a historic shipwreck. Across this sweeping scale, the landscape features expanses of untouched forest interspersed with dramatic bare rock outcroppings. The property is uninhabited and offers absolute seclusion, with no year-round residences close. A yachtsman’s paradise, the island boasts spectacular natural harbors and exceptional deep-water access. Rattlesnake Harbor offers excellent protected anchorage with an impressive 27 feet of depth, accommodating vessels with up to a 12-foot draft. Shorelines are equally dramatic: the north shore offers 50-foot water depths within 300 feet of the coast, while the south shore features 50-foot depths plunging a mere 25 feet from land. An existing heavy-duty rock and gravel road network connects Hook Harbor to Rattlesnake Harbour, extending to Owen Channel and Whiskey Harbor. The terrain features striking alvars-smoothly scoured limestone shelves marked by ancient glacial striations. The island’s surface is composed of premium Amabel Formation dolomite. Furthermore, the property offers excellent off-grid potential, including wind power generation, alongside significant natural resource development opportunities in forestry and mining. Whether envisioning an exclusive private compound, a world-class eco-resort, or a strategic resource investment, this is an unequaled legacy asset.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
100 + acres
Zoning
RU & ZH

Financial

Property Taxes
$11,161 (2025)

Location

Cross Street
n/a
Direction Faces
South

Listing

MLS® Number
X12916310
Days on Market
208
Listed On
2026-03-24
Possession
Immediate
Listed By
Engel & Volkers Toronto Central

Mortgage calculator

Minimum for this price: $5,900,000 (20%)

Amortization, years

Estimated mortgage payment

$130,620 per month

Principal and interest
$130,620
Property tax
$930
Estimated monthly cost
$131,550

Your mortgage

Mortgage amount
$23,600,000
Mortgage insurance
Not needed
Interest over 25 years
$15,585,885

Cash to close

Down payment
$5,900,000
Land transfer tax
$723,975
Total, before legal fees
$6,623,975
Talk to me about financing

Estimates 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

Fitzwilliam Island, Northeastern Manitoulin and The Islands, ON P0P 1Z0 Northeastern Manitoulin and The Islands, ON P0P 1Z0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$29,500,000 Fitzwilliam Island, Northeastern Manitoulin and The Islands, ON P0P 1Z0
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