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1416 Highway 532

1416 Highway 532

Searchmont, Ontario

  • Vacant Land
$484,000

Discover an extraordinary 220-acre recreational retreat in the heart of Algoma Country. This remarkable property is traversed by Achigan Creek, featuring several breathtaking waterfalls and an impressive 22-metre elevation drop across the landscape, creating a truly unforgettable natural setting. A gravel driveway provides convenient access deep into the property, leading to a cul-de-sac overlooking one of the spectacular waterfall sites. Whether you're seeking a private getaway, hunting and fishing property, eco-tourism opportunity, or future recreational development, the possibilities are endless. Adding to the property's unique character, the famous Algoma Tour Train passes along the rear boundary, offering a rare connection to one of Northern Ontario's most iconic wilderness experiences. The property is located just minutes from the renowned Searchmont Resort, known for its skiing and four-season outdoor recreation, and approximately 45 minutes from Sault Ste. Marie. Towering forests, rushing water, dramatic topography, and exceptional privacy combine to create a once-in-a-lifetime opportunity to own a significant piece of Northern Ontario wilderness. Experience the beauty, adventure, and tranquility that only Algoma can offer.

Price History

Property

Lot Size
220 acres

Community

Postal area P0S

Population
10,170
Private dwellings
6,839
Median age
50
Average household size
2.3
Median household income
$85,000

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

Vacant Land in Searchmont · 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 vacant land properties in Searchmont over the last 12 months.

Walk Score

0

Walk

27

Bike

Scores by Walk Score®

Mortgage Calculator

$96,800

Estimated Monthly Payment

$2,378

Land transfer tax

Estimated land transfer tax$6,155

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $2,378/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $121/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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