94 McLay Drive, Assiginack, ON

$197,900
MLS#:X13671552
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 $197,900 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

Waterfront Isn't Just a Dream-It's Ready for You. Opportunities like this don't come along often. Set on 1.476 private acres with 150 feet of clean waterfront on beautiful South Bay, this unique Manitoulin Island property offers the perfect combination of privacy, recreation, and future potential. With year-round municipal road access, you can enjoy every season with ease. Unlike many waterfront lots, this property is ready to use from day one. Spend this summer swimming from the clean shoreline, launching your kayak, casting a line, or gathering around the campfire under a sky filled with stars. A charming bunkie and the included 2017 Jay Flight SLX travel trailer (sleeping up to 8 with a kitchenette and 3-piece bath) mean you can start making memories immediately while planning your future cottage or dream home. Existing solar equipment provides an excellent head start for off-grid or sustainable living.The property features a beautiful mix of mature trees and open clearings, giving you the flexibility to build while maintaining privacy. Whether you're looking for a family getaway, a peaceful retreat, or a waterfront investment, this property offers endless possibilities.Located less than 20 minutes from the MS Chi-Cheemaun Ferry in South Baymouth, you'll have convenient access to the island while enjoying everything Manitoulin is famous for-boating, fishing, hiking, wildlife, and some of Ontario's most breathtaking scenery.Properties that offer year-round access, usable waterfront, existing accommodations, and exceptional value are becoming increasingly difficult to find.Come walk the shoreline, experience the peace and quiet, and discover why so many people fall in love with Manitoulin Island. Your waterfront escape is waiting.

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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 0 days. This property is listed at $197,900 with an estimated mortgage of $659* per month. It has 1 bed, 0 bathrooms, and is unknown square feet. 94 McLay Drive, Assiginack

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* 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 Date8/13/2026
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 $197,900.

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 1C0

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$59,370 (30.0%)
* Minimum Canadian down payment required for this price is $9,895.
Amortization Period30 Years
Estimated Monthly Payment$659Based on a loan of $138,530 over 30 years.
Purchase Price$197,900
Loan Amount$138,530
Provincial Land Transfer Tax:$1,704
Total Estimated Closing Taxes:$1,704

About Purchasing a Home in Assiginack, ON

For a property listed at $197,900 in Assiginack, the legal minimum down payment is $9,895 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 $1,704 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 $1,704.

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$407,354

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.