How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Algoma, Unorganized, North Part
About Lot 41 Marlette Drive
Beautiful waterfront lot on Lake Superior (Marlette Drive). 100xIRR. This property offers the best sunsets Lake Superior has to offer; its like being on your own tropical island. This property has a lot to offer and is a perfect spot to build your dream home.
Algoma, Unorganized, North Part land priced at $169,000 — book a tour to see if it fits your search.
Inside Lot 41 Marlette Dr
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0.83
Listing & possession
Property class
Vacant Land
Lot 41 Marlette Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13886900$169,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Lot 41 Marlette Dr Compares to the Algoma, Unorganized, North Part Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$830
/mo
based on the purchase price of $169,000
$33,800 cash
$135,200 financed
$113,874 total interest
Principal54%$135,200
Interest46%$113,874
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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
Own a home on Marlette Drive? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of Lot 41 Marlette Dr with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about Lot 41 Marlette Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 $169K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio92.7%On average, homes sold below asking.
Active listings90Homes for sale here right now.
Median vs prior 90 days+8.5%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 62 sales from Jul 24 – Oct 22, 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 Lot 41 Marlette Dr
How much is Lot 41 Marlette Dr listed for?
Lot 41 Marlette Dr is listed at $169,000 (MLS® X13886900). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 41 Marlette Dr changed?
No — Lot 41 Marlette Dr is still listed at its original asking price of $169,000.
How many bedrooms and bathrooms does Lot 41 Marlette Dr have?
The listing for Lot 41 Marlette Dr 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 Lot 41 Marlette Dr?
About $830 a month — principal and interest on $169,000 with 20% down ($33,800), 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 Lot 41 Marlette Dr compare with other homes in Algoma, Unorganized, North Part?
Its asking price of $169,000 is about 24% below the median sold price in Algoma, Unorganized, North Part over the last 90 days, $222,500, across 62 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 Lot 41 Marlette Dr been sold before?
Summitly has no earlier MLS® sale or lease of Lot 41 Marlette Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 41 Marlette Dr?
Lot 41 Marlette Dr is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 41 Marlette Dr been on the market?
322 days — Lot 41 Marlette Dr was listed on November 24, 2025.
Does Lot 41 Marlette Dr have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of Lot 41 Marlette Dr?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on Lot 41 Marlette Dr?
About $1,415 in Ontario land transfer tax at the asking price of $169,000. 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 Lot 41 Marlette Dr 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.
