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For saleListed Mar 27MLS® X12928784

123 Waterview Lane, Assiginack, ON P0P 1N0

Assiginack · Near Cardwell St and Waterview Lane · View map

$399,999
3+1Beds
1Baths
700–1100Sq ft
BungalowType
10 totalParking
$3,888/yrTaxes
Call / Text Will
$399,999
FreeholdNo monthly condo fee
Parking for 10Comes with the home
Lot 134.8 x 279.4 ftThe land comes with the home
WaterfrontOn the water
FireplaceCozy winters

About this home

CALLING ALL INVESTORS!!! Welcome to 3 Bedroom Waterfront Detached Cottage located in Manitoulin Island. This Property features .59 Acres of land, 2 Bedrooms + Spacious Loft, Full Kitchen, 3pc Washroom, Woodstove Fireplace, Open-concept Living Room & Dining Room walk-out to a Huge Patio Deck, overlooking a Beautiful View of the water; 1 Bunkie w/ window AC; Workshop/Shed; Septic System; Spacious Dock; Tons of Parking Space; Very Close to Rainbow Ridge Golf Course, Manitowaning East Municipal Airport, Chi-Cheeman Ferry Terminal, Playground, Shopping, etc.. Relax & enjoy the awesome beauty of crystal-clear water & fresh air! Great for Airbnb Investment! Enormous Land with so much Potentials.

The home

Type
Bungalow
Style
Bungalow
Square footage
700-1100 sq ft
Bedrooms
3
Basement bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
7
Basement
None
Lot size
134.8 x 279.4 ft
Faces
East
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Vinyl Siding

Heating & cooling

Heating fuel
Wood
Fireplace
Yes

Garage & parking

Driveway spaces
10
Total parking
10
Parking features
Available

Taxes & other

Property taxes
$3,888/yr
Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
Cardwell St and Waterview Lane

More

Price per sq ft
~$444 (at 900 sq ft)
Listed
Mar 27, 2026 · 199 days ago
MLS® number
X12928784

The home and its surroundings

  • Beach
  • Island
  • Lake/Pond
  • Marina
Want to know something that isn’t listed?
Estimated monthly cost$1,937per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    123 Waterview Lane, Assiginack, ON P0P 1N0

    Assiginack · Near Cardwell St and Waterview Lane

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    Sold history

    Listing history for 123 Waterview Lane

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 123 Waterview Lane

    Answers come straight from this home’s MLS® listing.

    How much is 123 Waterview Lane listed for, and what would it cost each month?

    123 Waterview Lane is listed for $399,999. With 20% down ($80,000), the mortgage payment would be roughly $1,613 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,937 a month, all in. That figure is an illustration, not a quote.

    Is 123 Waterview Lane freehold or a condo, and is there a monthly fee?

    123 Waterview Lane is a bungalow in Assiginack. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 123 Waterview Lane have?

    123 Waterview Lane has 3 bedrooms, plus 1 more bedroom in the basement, and 1 bathroom.

    Does 123 Waterview Lane have a garage and parking?

    The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.

    Does 123 Waterview Lane have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 123 Waterview Lane?

    123 Waterview Lane is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    How big is 123 Waterview Lane, and what is the lot size?

    The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 134.8 x 279.4 ft.

    How is 123 Waterview Lane heated and cooled?

    Heating is (wood). The listing does not show air conditioning.

    What are the property taxes for 123 Waterview Lane?

    Property taxes are $3,888 a year (2026), or about $324 a month.

    Where is 123 Waterview Lane?

    123 Waterview Lane is in Assiginack. The nearest main intersection is Cardwell St and Waterview Lane. The postal code is P0P 1N0.

    How long has 123 Waterview Lane been on the market?

    123 Waterview Lane was listed on March 27, 2026. It has been on the market for 199 days. It is an active listing (MLS® X12928784). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 123 Waterview Lane asking?

    Similar bungalow-style homes for sale nearby right now include 284 Leask Bay Shores Manitowaning Lane W at $424,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 123 Waterview Lane sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 123 Waterview Lane?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    Keep exploring

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    More bungalow-style homes for sale near Assiginack, picked by style, size and price.

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    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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