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Lots & Land in Algoma, Unorganized, North Part
About Lot 47 Bay Road
Just off Marlette Drive and close to Horseshoe Bay- 100 feet of pristine shoreline on Lake Superior, this 0.8-acre property offers the kind of privacy that’s getting harder to find. Located on a quiet dead-end, year-round road 40 minutes from the Sault. Driveway in and selectively cleared, the cabin sits back from the water, a great retreat or guest bunkie once you build your dream home. Protection from the wind by the Jolly Island, and just around the point, Horseshoe Bay is known for its calm, protected waters. This area is especially appealing for canoeing, kayaking and proximity to the Bay Lagoon. Also features an outhouse and hydro pole on the property not currently connected.
Algoma, Unorganized, North Part land priced at $179,900 — book a tour to see if it fits your search.
Inside Lot 47 Bay Rd
Every detail from the listing, in one place.
Type
Land
Basement
Other
Features & systems
Interior
Basement
Other
Lot & land
Lot size (sqft)
0.8
Listing & possession
Property class
Vacant Land
Lot 47 Bay Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13887722$179,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Lot 47 Bay Rd 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
$884
/mo
based on the purchase price of $179,900
$35,980 cash
$143,920 financed
$121,218 total interest
Principal54%$143,920
Interest46%$121,218
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
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Book a tour of Lot 47 Bay Rd with a licensed buyer's agent
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Ask about Lot 47 Bay Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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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 $180K.
Average days on market56Homes sold in about 56 days on average.
Sale-to-list ratio93.3%On average, homes sold below asking.
Active listings89Homes for sale here right now.
Median vs prior 90 days+6.7%Compared with May 4 – Aug 2, 2026: prices up.
Based on 63 sales from Aug 2 – Oct 31, 2026 (29 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About Lot 47 Bay Rd
How much is Lot 47 Bay Rd listed for?
Lot 47 Bay Rd is listed at $179,900 (MLS® X13887722). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 47 Bay Rd changed?
No — Lot 47 Bay Rd is still listed at its original asking price of $179,900.
How many bedrooms and bathrooms does Lot 47 Bay Rd have?
The listing for Lot 47 Bay 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 Lot 47 Bay Rd?
About $884 a month — principal and interest on $179,900 with 20% down ($35,980), 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 47 Bay Rd compare with other homes in Algoma, Unorganized, North Part?
Its asking price of $179,900 is about 20% below the median sold price in Algoma, Unorganized, North Part over the last 90 days, $224,000, across 63 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 47 Bay Rd been sold before?
Summitly has no earlier MLS® sale or lease of Lot 47 Bay Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 47 Bay Rd?
Lot 47 Bay Rd is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 47 Bay Rd been on the market?
72 days — Lot 47 Bay Rd was listed on August 18, 2026.
Does Lot 47 Bay Rd have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of Lot 47 Bay Rd?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on Lot 47 Bay Rd?
About $1,524 in Ontario land transfer tax at the asking price of $179,900. 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 47 Bay 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.
