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965 Highway 551

965 Highway 551

M'chigeeng, Ontario

2 bed • 2 bath • Single Family

$230,000

Welcome to 965 Highway 551, located on the edge of Lakeview on beautiful Lake Mindemoya. This year-round waterfront home is being offered as a leasehold sale, with the sale subject to approval of the lease. Enjoy peaceful lakefront living with lovely views, comfortable interior space, and added outdoor features including a bunkie with hydro and a small storage shed. Inside, the home offers a spacious entrance with ceramic tile flooring, stackable washer and dryer, and plenty of storage. An extensive water treatment system and propane furnace add to the year-round functionality of the property. The kitchen features attractive cabinetry, an island, and a gas cookstove perfectly positioned to take in the view of Lake Mindemoya. The dining area steps down into a warm and inviting living room, highlighted by a barn board accent wall at one end and a stone fireplace at the other. The front of the home is filled with glass, including patio doors that bring in natural light and showcase the waterfront setting. The layout includes a bedroom with a cheater ensuite complete with shower, sink, and toilet. The primary bedroom offers patio doors leading to the deck, an indoor hot tub area, along with its own ensuite featuring a double sink vanity, shower, toilet, and a large walk-in closet. A wonderful opportunity to enjoy four-season waterfront living on Lake Mindemoya.

Price History

Schools

Elementary

  • Central Manitoulin Public School2.5 km

    Public · Rainbow DSB · 205 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 17% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0P

Population
20,285
Private dwellings
12,782
Median age
50.8
Average household size
2.3
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in M'chigeeng · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in M'chigeeng over the last 12 months.

Location

Street View

Mortgage Calculator

$46,000

Estimated Monthly Payment

$1,130

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,130/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $58/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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