Welcome to this remarkable vacant land located in the coveted neighborhood of Pelee. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $159,900 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.
Located on the idyllic Pelee Island in Ontario, 533 East Shore Road offers a rare opportunity to own double wide waterfront lot (Lot 28 and Lot 29 - Plan 1240). This exceptional property, zoned R2, provides the perfect canvas to develop the home or cottage of your dreams, with breathtaking sunrises and direct access to the beach. The natural landscape of Pelee Island, Canadas most southern inhabited island, enhances the appeal of this unique offering.Accessible via a picturesque ferry ride from Leamington and Kingsville, Ontario, or Sandusky, Ohio, reaching your private paradise is both scenic and convenient. The island also features a small airfield for added accessibility.Interested buyers are encouraged to direct building permit inquiries to the Township of Pelee and Essex Region Conservation Authority (ERCA).
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This vacant land located at 533 E Shore Road, Pelee is currently for sale and has been available on SousaSells for 707 days. This property is listed at $159,900 with an estimated mortgage of $532* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 533 E Shore Road, Pelee is in the Pelee neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 533 E Shore Road, Pelee, ON N0R 1M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pelee.
About Purchasing a Home in Pelee, ON
For a property listed at $159,900 in Pelee, the legal minimum down payment is $7,995 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 $1,324 for this transaction. As this listing is in Pelee (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,324.
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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.