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Rare opportunity to own 340 acres of versatile farm land on Manitoulin Island! Located minutes outside of the town of Manitowaning, on the shores of Manitoulin Island with 165ft of direct water frontage on the bay. This unique package consists of three parcels of land, of which 100 acres are workable with loam soil, 80+ acres of pasture and the remainder is bush. Of the bushlands there is approximately 40 acres of Maple bush. Land is owned directly along both sides of Hwy 6, giving easy equipment access to all corners of the farm. The 2000sq.ft ranch style home offers a large covered front porch, 5 good sized bedrooms, and the space to raise a growing family while enjoying the scenery and lifestyle. Brand new electric furnace, WETT inspection on woodstove, and new breaker panel. The farm yard consists of three large barns for housing livestock, plus several dedicated outbuildings for equipment, workshop space, hay, and feed storage. With plenty of room to expand. All inclusions of equipment are negotiable. Desirable long term stable income is generated by a cell tower land lease of $7200 annually. This functional farm package checks all the boxes with a large home; proven income avenues; easy access to town amenities and schools; great mix of cropland, pasture, and bush; plenty of wildlife activity; and cottage worthy panoramic views.
Negotiatable
City: Assiginack
Purchase Price | $1850000 |
Down Payment | $370000 |
Mortgage Insurance | $0 |
Total Mortgage | $1480000 |
Mortgage Payment | $9120 |
Property Taxes | $197 |
Maintenance Fees | $0 |
Monthly Payment | $9317 |
Located at 15339 6 Highway , this Assiginack house is available for sale. This property was listed for $1,850,000 on Mon Apr 14 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 1 bathroom. The property includes the following rooms: Kitchen, Living, Br, 2nd Br, Bathroom, 3rd Br, 4th Br, 5th Br. This property comes with 14 parking spots.
MLS#: X12004344 · $1,850,000 · 5 bedroom house in Assiginack