94 McLay Drive, Assiginack, ON

$225,000
MLS#:X13181044
1 beds
0 baths
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Assiginack. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $225,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 0 Bathrooms
  • Premium 150 x 426 ft lot size
  • 10.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Solar Owned, Storage
  • Efficient other heating via wood

Description

Your Summer Story Begins on the Shores of Manitoulin IslandImagine waking to the gentle sound of water lapping at the shoreline, stepping outside with your morning coffee, and watching the sun rise over your own private waterfront retreat. Welcome to 1.476 acres of Manitoulin Island beauty, where summer days stretch a little longer and life's best memories are made.Located on a quiet, year-round municipal road, this exceptional waterfront property offers crystal-clear, swimmable waters perfect for endless days of swimming, fishing, kayaking, and boating. Gather with family and friends on the shoreline, soak up the sunshine, and enjoy spectacular sunsets over the water.A charming bunkie provides a cozy place to unwind after a day on the lake, while the included 2017 Jay Flight SLX camping trailer comfortably sleeps up to eight and features a kitchenette, dining area, and 3-piece bathroom. Enjoy the property immediately while planning your future cottage or dream home.The property features a beautiful mix of mature trees and open clearings, creating a private natural setting with endless possibilities. Whether you envision a family cottage, modern retreat, or off-grid sanctuary, the existing solar installation provides a solid start.Adventure awaits beyond the shoreline with hiking, hunting, wildlife watching, and endless opportunities to explore the natural beauty of Manitoulin Island. Conveniently located less than 20 minutes from the South Baymouth terminal of the iconic MS Chi-Cheemaun, you'll enjoy easy access to Tobermory while feeling worlds away from everyday life.This is more than a waterfront property-it's a place where summers are measured by days on the water, evenings around the fire, and memories that last for generations. Whether you're seeking a weekend escape, future building site, or private retreat, this Manitoulin paradise offers the lakefront lifestyle you've always imagined.

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Property Summary

This vacant land located at 94 McLay Drive, Assiginack is currently for sale and has been available on SousaSells for 65 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 1 bed, 0 bathrooms, and is unknown square feet. 94 McLay Drive, Assiginack

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Assiginack.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • Desirable Vacant Land architecture in Assiginack
  • Convenient parking space for 10.0 vehicles
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
1
0
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
BasementNone
Lot Size150 × 426 Feet
CountyManitoulin
Annual Tax$849.87
Legal DescriptionPCL 2594 SEC MANITOULIN; LT 23 PL 31M206; ASSIGINACK

Parking & Garage

Parking Total10.0
Parking Space10
Garage TypeOther

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

None listed

Interior Features

  • Solar Owned
  • Storage

Security Features

  • None

Community Features

None listed

Frequently Asked Questions about 94 McLay Drive, Assiginack, ON

Q.What is the asking price for 94 McLay Drive, Assiginack, ON ?

The current listing price for 94 McLay Drive, Assiginack, ON in Assiginack is $225,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 0 bathrooms.

Q.What property type and architectural style is 94 McLay Drive, Assiginack, ON ?

94 McLay Drive, Assiginack, ON is a Vacant Land () featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Solar Owned, Storage.

Q.What security features are installed at 94 McLay Drive, Assiginack, ON ?

Security features include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Other).

Q.What heating and cooling systems are installed?

Heating is provided via Wood and cooling via None.

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Location

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94 McLay Drive, Assiginack, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 94 McLay Drive, Assiginack, ON P0P 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Assiginack.

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Interest Rate4.00%
Down Payment$67,500 (30.0%)
* Minimum Canadian down payment required for this price is $11,250.
Amortization Period30 Years
Estimated Monthly Payment$749Based on a loan of $157,500 over 30 years.
Purchase Price$225,000
Loan Amount$157,500
Provincial Land Transfer Tax:$1,975
Total Estimated Closing Taxes:$1,975

About Purchasing a Home in Assiginack, ON

For a property listed at $225,000 in Assiginack, the legal minimum down payment is $11,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,975 for this transaction. As this listing is in Assiginack (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,975.

Assiginack Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Assiginack.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$428,300

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Assiginack

Elementary Schools

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Secondary Schools

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Assiginack Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.