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G-1262 Island

G-1262 Island

Fort Frances, Ontario

  • 2 bed
  • Recreational
$249,000

Private Island Opportunity Located just north of French’s Island, this 5+ acre private island offers exceptional potential for a recreational getaway or retreat. Featuring beautiful rock shoreline, mature trees, and peaceful waterfront surroundings. The seasonal cabin includes an open-concept kitchen and living area, 2 bedrooms (8’ x 8’), plus a kitchen equipped with a stove and fridge. Hydro is serviced from the U.S. side, with a telephone line already to the island. Additional features include 2 outhouses and all chattels currently on the property included. A pathway circles much of the island and could be reopened with some clearing. A rare chance to own an entire island property with endless potential.

Price History

Property

Lot Size
5.3 acres

Community

Postal area P9A

Population
10,079
Private dwellings
5,176
Median age
44.8
Average household size
2.3
Median household income
$82,000

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

Recreational in Fort Frances · last 12 months

Median sold price
$261,500
Homes sold
16
Median days on market
18
Sale-to-list price
100.0%

Based on 16 recorded sales of recreational properties in Fort Frances over the last 12 months.

Mortgage Calculator

$49,800

Estimated Monthly Payment

$1,223

Land transfer tax

Estimated land transfer tax$2,215

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: $1,223/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $62/mo

Estimates only. Consult a financial advisor.

R

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