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Lots & Land in Algoma, Unorganized, North Part
About Pt Lot 56 Mandy Lane
Welcome to beautiful Mandy Lane! Located on the breathtaking Goulais River. Discover the potential of this 4-acre property nestled along the beautiful Goulais River. With a flat landscape and some clearing already done, development is made easy whether you’re dreaming of building your year-round home, a cozy cottage retreat, or even establishing a business in this prime location. The property includes a ready-to-use bunkie, perfect for immediate getaways or a comfortable base while you build. Tucked away on a private road, you’ll enjoy peace, privacy, and the natural beauty of the riverfront setting. Opportunities are truly endless here – from creating your own private sanctuary to taking advantage of the location’s potential for recreational or commercial use. Don’t miss your chance to own this rare piece of riverfront land!
Algoma, Unorganized, North Part land priced at $199,000 — book a tour to see if it fits your search.
Inside Pt Lot 56 Mandy Lane
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
Pt Lot 56 Mandy Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13886918$199,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Pt Lot 56 Mandy Lane 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
$978
/mo
based on the purchase price of $199,000
$39,800 cash
$159,200 financed
$134,088 total interest
Principal54%$159,200
Interest46%$134,088
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 Pt Lot 56 Mandy Lane with a licensed buyer's 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 $199K.
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 Pt Lot 56 Mandy Lane
How much is Pt Lot 56 Mandy Lane listed for?
Pt Lot 56 Mandy Lane is listed at $199,000 (MLS® X13886918). Summitly updates the price as soon as the MLS® record changes.
Has the price of Pt Lot 56 Mandy Lane changed?
No — Pt Lot 56 Mandy Lane is still listed at its original asking price of $199,000.
How many bedrooms and bathrooms does Pt Lot 56 Mandy Lane have?
The listing for Pt Lot 56 Mandy Lane 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 Pt Lot 56 Mandy Lane?
About $978 a month — principal and interest on $199,000 with 20% down ($39,800), 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 Pt Lot 56 Mandy Lane compare with other homes in Algoma, Unorganized, North Part?
Its asking price of $199,000 is about 11% 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 Pt Lot 56 Mandy Lane been sold before?
Summitly has no earlier MLS® sale or lease of Pt Lot 56 Mandy Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is Pt Lot 56 Mandy Lane?
Pt Lot 56 Mandy Lane is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Pt Lot 56 Mandy Lane been on the market?
175 days — Pt Lot 56 Mandy Lane was listed on April 20, 2026.
Does Pt Lot 56 Mandy Lane have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of Pt Lot 56 Mandy Lane?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on Pt Lot 56 Mandy Lane?
About $1,715 in Ontario land transfer tax at the asking price of $199,000. 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 Pt Lot 56 Mandy Lane 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.