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2416 Hwy 542

2416 Hwy 542

Central Manitoulin, ON

  • 4 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 89 days on market
$429,900Price reduced 9%

Welcome to 2416 Highway 542, Sandfield, Ontario on beautiful Manitoulin Island. Situated on a spacious3/4-acre lot, this recently renovated 3+1 bedroom, 2-bathroom home offers comfort, convenience, and great outdoor living. The main level features three bedrooms, including a large primary bedroom with a walk-in closet. The lower level adds a fourth bedroom along with excellent potential for a possible in-law suite, ideal for extended family, guests, or flexible living space. Recent upgrades include a renovated kitchen, updated upstairs bathroom, new flooring, new windows, and a new steel roof (2022). A new water tank and water filtration system add extra peace of mind. The lower level also includes a large workshop, perfect for hobbies, projects, or storage. Step outside to a fully fenced backyard complete with a swimming pool and storage shed, ideal for entertaining, family gatherings, or relaxing summer days. Located less than a minute from the Sandfield boat launch on Lake Manitou and about 15 minutes from Mindemoya, this property offers easy access to boating, fishing, and local amenities. Quick closing available, making this move-in-ready home a great opportunity for buyers seeking a year-round residence, family home, or peaceful island retreat. *For Additional Property Details Click The Brochure Icon Below*

Listing Details

Taxes (2025)
$2,602
Originally Listed
$469,900
Listed
June 24, 2026

Price History

Property

Style
Bungalow-Raised
Construction
Brick Front
Roof
Metal
Foundation
Concrete Block
Interior
Storage
Lot Size
124 x 200 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
East Road
Parcel Number
471280079
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Dishwasher, Stove, Fridge, Hot water tank
Exclusions
washer, dryer

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.

Rooms

2 × 3-piece

Main

  • Bathroom5' x 8'
  • Bedroom 29'10" x 11'6"
  • Bedroom 38' x 13'
  • Primary Bedroom16' x 19'8"

Basement

  • Den7'6" x 11'
  • Workshop19' x 24'6"

Listed by

ICI SOURCE REAL ASSET SERVICES INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$85,980

Estimated Monthly Payment

$2,112

Land transfer tax

Estimated land transfer tax$5,073

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: $2,112/mo (20% down, 5.5%)

Taxes: $217/mo · Insurance: $107/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The lower level also includes a large workshop, perfect for hobbies, projects, or storage.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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