The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
The Crown Jewel of Georgian Bay: An unprecedented opportunity to acquire a legendary Canadian legacy estate. Situated in the pristine waters of Lake Huron and Georgian Bay within the District of Manitoulin, Fitzwilliam Island offers a magnificent 12,248-acre blank canvas. Located north of the renowned Fathom Five National Marine Park, the island shares the region's breathtaking aqua-hued waters and ancient geology. Steeped in maritime history, it was famously known as "Horse Island" following a historic shipwreck. Across this sweeping scale, the landscape features expanses of untouched forest interspersed with dramatic bare rock outcroppings. The property is uninhabited and offers absolute seclusion, with no year-round residences close. A yachtsman's paradise, the island boasts spectacular natural harbors and exceptional deep-water access. Rattlesnake Harbor offers excellent protected anchorage with an impressive 27 feet of depth, accommodating vessels with up to a 12-foot draft. Shorelines are equally dramatic: the north shore offers 50-foot water depths within 300 feet of the coast, while the south shore features 50-foot depths plunging a mere 25 feet from land. An existing heavy-duty rock and gravel road network connects Hook Harbor to Rattlesnake Harbour, extending to Owen Channel and Whiskey Harbor. The terrain features striking alvars-smoothly scoured limestone shelves marked by ancient glacial striations. The island's surface is composed of premium Amabel Formation dolomite. Furthermore, the property offers excellent off-grid potential, including wind power generation, alongside significant natural resource development opportunities in forestry and mining. Whether envisioning an exclusive private compound, a world-class eco-resort, or a strategic resource investment, this is an unequaled legacy asset.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$111,288/mo
Mortgage (principal + interest)$110,358
Property taxFrom listing: $11,161/yr$930
Minimum 20% ($5,900,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$5,900,000
Ontario land transfer taxProvincial brackets, no first-time refund$723,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$6,626,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Northeastern Manitoulin and The Islands has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Similar Homes Nearby
Explore more homes in Northeastern Manitoulin and The Islands.
