775 556 Highway, Algoma, Unorganized, North Part

$1,995,000
775 556 Highway

$1,995,000

New
25d
Detached2-Storey

775 556 Highway, Algoma, Unorganized, North Part

Total Monthly Obligation $8,700

Beds
3
Baths
4
Park
10
Sqft
5000 +
DOM
25d
Property Type-Detached
MLS® Number-X13836944
Beds-3
Bathrooms-4
Size-5000 + sqft
Lot Size-500 × 180 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,327 (2026)
Parking-14 - Attached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-Sotheby's International Realty Canada
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Wood , Log
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Title-Residential Freehold

No agent assigned

An exceptional waterfront estate on Lower Island Lake, 775 Highway 556 offers a scale and presence rarely found in the surrounding market. Set on approximately 0.93 acre with an extraordinary 500 feet of shoreline wrapping around a prominent point, the property enjoys expansive water views and an immersive connection to the lake from multiple sides. At approximately 5,900 square feet, the custom residence delivers a distinctive Northern Ontario lodge aesthetic defined by substantial timber detailing, natural stone, soaring architectural lines and extensive lakeside glazing. Generous principal rooms provide exceptional space for family and entertaining, while the home's thoughtful orientation places the waterfront at the centre of the experience. Outside, extensive decking and covered outdoor living areas transition seamlessly toward beautifully maintained grounds and the shoreline beyond. The point configuration creates an impressive sense of waterfront presence, with established landscaping, docking and multiple vantage points from which to enjoy the peaceful Lower Island Lake setting. Adding considerably to the offering are two double garages, providing outstanding capacity for vehicles, boats, recreational equipment, workshop space or collections-a particularly valuable complement to a property designed for four-season Northern Ontario living. Generous craft room plus additional recreational areas perfectly complement the living space. Substantial in every respect, this is far more than a conventional lake house. It is a complete waterfront estate combining approximately 5,900 square feet of living space, remarkable shoreline, extensive infrastructure and unmistakable lodge character within one cohesive property. 775 Highway 556 represents a rare opportunity to acquire a difficult-to-replicate waterfront holding just outside Sault Ste. Marie-equally suited to year-round living, an extended family retreat or a lasting Northern Ontario legacy property.

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Closing Costs

Mortgage Amount
$1,596,000
Land Transfer Taxes$36,375
Legal Fees (Est.)
$
Total cash required for closing$436,875

Total Monthly Obligation

$8,700/mo
Mortgage $8,047
Monthly Loss $6,582
Principal$2,118
Interest$5,930
Property Tax$277
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 775 556 Highway

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