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14 Given Road N, Tehkummah, ON P0P 1Z0

2 beds · 2 baths · 1 kitchen · 7 rooms · 11 parking spaces · 1500-2000 sq ft · Store W Apt/Office
$745,000
Property tax
$2,151 / year

Sell the House. Leave the City. Buy Yourself a Different Life. A rare chance to live, create and operate a business in one of Manitoulin Island's most welcoming tourism communities. 14 Given Road is home to the long-established Southbay Gallery - for over three decades - a destination for Canadian and Indigenous art, fine craft and artisan work, just steps from the Chi-Cheemaun ferry, the marina and Lake Huron. The bright, flexible gallery space suits retail, exhibitions, workshops, artist demonstrations or community events, with generous room to display artwork and handcrafted goods. Continue its creative legacy or bring your own entrepreneurial vision - as a boutique, studio, workshop venue, wellness space or professional practice. Above the gallery, comfortable two-bedroom and den living accommodations with a galley kitchen and 1.5 baths let you live and work in one beautiful destination. Major updates are already done: steel roof, 200-amp electrical, insulated siding, updated windows and doors, furnace, kitchen and bathrooms. Set on approximately half an acre with year-round road access. South Baymouth is Manitoulin's southern gateway, and everything that makes the Island a summer destination is right outside the door: swimming and sandy beaches on Lake Huron, a marina for boating and fishing, the Chi-Cheemaun ferry delivering visitors steps from your storefront, scenic shoreline trails for hiking and cycling, and the Island's celebrated arts and culture scene. Manitoulin's calendar stays full of powwows, studio tours, festivals, farmers' markets and live music that draw visitors back season after season. For a buyer dreaming of leaving the city without leaving opportunity behind: live upstairs, run the gallery below, open for tourist season and head south for winter - or stay year-round and reimagine the space entirely as your own. Come to Manitoulin Island. Bring your ideas. The next chapter is yours.

MLS number
X13726218
Type
Store W Apt/Office
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
P0P 1Z0
Photos
42
Laundry
Not in the unit
14days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 450 people.

$60,800Median household income
91.8%Own their home
93.3%Detached houses
59.6Median age
13%Born outside Canada
7.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35510085 — the few blocks around this address, home to 450 people. It describes the area, not this property.

450Population
54.2Average age
2Household size
$70,000Average household income
$60,800Median household income
92%Own their home
8%Rent
0%Condominiums
13%Born outside Canada
8%University degree
$320,000Average home value
23%Low income
84%Not in the labour force
13%Never married
Under $5,0004%
$10,000 to $14,9992%
$15,000 to $19,9994%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9996%
$40,000 to $44,9996%
$45,000 to $49,9994%
$50,000 to $59,9998%
$60,000 to $69,9999%
$70,000 to $79,9999%
$80,000 to $89,9996%
$90,000 to $99,9992%
$100,000 and over15%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9992%
$200,000 and over2%

Percentages are of the 265 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$149,000 · minimum here is $49,500
$3,298.70per month
Borrowed before insurance$596,000
Total borrowed$596,000
Interest over 25 years at 4.5%$393,610

If you rented it out

-$3,477.95per month out of pocket
Rent$0.00
Everything it costs to hold$3,477.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CHESTNUT PARK REAL ESTATE LIMITED. Listing data provided by the Toronto Regional Real Estate Board.