
Welcome to this remarkable sale of business located in the coveted neighborhood of Tehkummah. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Exceptional mixed-use investment opportunity with property in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186,866 passengers and 68,087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering.
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This sale of business located at 6 Water Street, Tehkummah is currently for sale and has been available on SousaSells for 86 days. This property is listed at $2,650,000 with an estimated mortgage of $8,821* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 6 Water Street, Tehkummah
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Tehkummah.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Tehkummah or researching Tehkummah real estate for sale, this sale of business at 6 Water Street, Tehkummah, ON offers an exceptional opportunity to buy a home in Tehkummah, Ontario. Whether you are a first-time Tehkummah home buyer or comparing active Tehkummah MLSÂź homes for sale, working with a dedicated Tehkummah buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Tehkummah real estate listings, compare active Tehkummah houses for sale, and view brand new MLSÂź inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Tehkummah realtor & real estate broker who represents you 100%âat zero cost to you as a buyer.
Estimated mortgage: $8,821*/month*. Estimated Ontario Land Transfer Tax: $52,725. First-time Tehkummah home buyers may qualify for up to $8,475 in rebates.
The current listing price for 6 Water Street, Tehkummah, ON in Tehkummah is $2,650,000.
This property features null bedrooms and null bathrooms.
6 Water Street, Tehkummah, ON is a Sale Of Business () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
Tehkummah, Tehkummah
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 6 Water Street, Tehkummah, ON P0P 1Z0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tehkummah.
About Purchasing a Home in Tehkummah, ON
For a property listed at $2,650,000 in Tehkummah, the legal minimum down payment is $530,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $52,725 for this transaction. As this listing is in Tehkummah (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $52,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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