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Lots & Land in Algoma, Unorganized, North Part
About 1315 Bluewater Road
Beautiful north/west facing waterfront lot on Lake Superior with a mix of sand and rock at the shoreline. Partially cleared and ready for its next owner to build their dream home or cottage. Experience the most incredible sunsets right out front! Not many of these left, this one won't last long!
Algoma, Unorganized, North Part land priced at $159,000 — book a tour to see if it fits your search.
Inside 1315 Bluewater Rd
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
1315 Bluewater Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$781
/mo
based on the purchase price of $159,000
$31,800 cash
$127,200 financed
$107,136 total interest
Principal54%$127,200
Interest46%$107,136
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Algoma, Unorganized, North Part
Other homes for sale in Algoma, Unorganized, North Part around $159K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio93.2%On average, homes sold below asking.
Active listings90Homes for sale here right now.
Median vs prior 90 days+4.9%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 61 sales from Jul 25 – Oct 23, 2026 (28 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1315 Bluewater Rd
How much is 1315 Bluewater Rd listed for?
1315 Bluewater Rd is listed at $159,000 (MLS® X13887684). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1315 Bluewater Rd changed?
Yes — it was first listed at $169,900 and is now $159,000, a drop of $10,900 (6.4%).
How many bedrooms and bathrooms does 1315 Bluewater Rd have?
The listing for 1315 Bluewater Rd doesn't publish its bedroom and bathroom count. It is a lot in Algoma, Unorganized, North Part.
How much would the monthly mortgage be on 1315 Bluewater Rd?
About $781 a month — principal and interest on $159,000 with 20% down ($31,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1315 Bluewater Rd compare with other homes in Algoma, Unorganized, North Part?
Its asking price of $159,000 is about 26% below the median sold price in Algoma, Unorganized, North Part over the last 90 days, $215,000, across 61 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1315 Bluewater Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1315 Bluewater Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1315 Bluewater Rd?
1315 Bluewater Rd is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1315 Bluewater Rd been on the market?
61 days — 1315 Bluewater Rd was listed on August 12, 2026.
Does 1315 Bluewater Rd have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of 1315 Bluewater Rd?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 1315 Bluewater Rd?
About $1,315 in Ontario land transfer tax at the asking price of $159,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1315 Bluewater Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
