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Ad Listing Number 5096

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General Information
Size: 360 acres with over
5000 feet of waterfront
Assets: year round road
and hydro to property
Asking: $795,000.00 Cdn.
 
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Contact Information
Contact: Fred White
Telephone: 807 683 2021
Email, Click Here
Additional Information
Thank you for your interest in our development property at Meldrum Bay, Manitoulin Island. The property is located 2.5 km north of the village with an exceptional vista overlooking the North Channel of Lake Huron and west entrance to Meldrum Bay. "Twenty Minute Point", located centrally within this beautiful estate property, is perhaps the most beautiful waterfront property available on Manitoulin.

The adjacent waters of the Mississagi Strait hold a world class fresh water Chinook Salmon fishery. The crystal clear and contaminate free waters of the World Famous North Channel, provide an ideal habitat during the summer months prior to the Chinooks fall spawning run. Whitetail deer, black bear and grouse are plentiful throughout the acreage which is wooded with a mix of oaks, maples, birch and with a good blend of coniferous pine and cedar.

The shoreline is gently sloped back from the waters edge in a series of natural terraces left from higher water levels centuries earlier. The course limestone gravel substrate offers ideal conditions and material for road, and building construction with excellent drainage.

A year round municipally maintained road with hydro leads directly to the entrance of this property providing excellent legal access and opportunity for immediate development. Ideal uses may include but are not limited to; subdivision for homes and cottages, condo units, hotel and or full resort complex. The property is also an ideal candidate for a private game preserve with the availability of abundant wildlife and salmon fishery.

Services are conveniently located within the village and include marina, groceries, gas, spirits, post office, hardware and dining.

We look forward to your continued interest in this investment opportunity. Please contact us by phone or email with any questions you may have. Thank You!

 
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