1.5 acres for sale in Meldrum Bay, ON
$499,500 · Meldrum Bay, Manitoulin District, Ontario · 61 km from Elliot Lake
Advertised on Kijiji as “664 Water Street Meldrum Bay, Ontario”
$499,500Asking price
1.5Acres
$333,000/acPrice per acre
Water mentionedWater
above marketAcreScout value check
- 151% above the median $132,500/ac for the 36 lots of similar size in Manitoulin District.
- AcreScout's value model, which compares it with the nearest listings of similar size, rates it above market.
- No risk flags found in what we check (flood zones, wetland, access, taxes).
- Listed May 16, 2025.
- Internet: up to 25/5 Mbps within about 1 km (ISED National Broadband Data).
See this listing on the map with its value score, risk details and the all-in cost for your buyer profile.
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Listing on Kijiji
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Similar-sized land in Manitoulin District
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 1.4 acres Providence Bay |
$67,500 | 1.4 | $48,214/ac | below market | |
| 1.5 acres Meldrum Bay |
$149,000 | 1.5 | $99,333/ac | near market | |
| 1.5 acres Spring Bay, Manitoulin Island |
$229,000 | 1.5 | $152,667/ac | above market | |
| 1.4 acres Sheguiandah, Manitoulin Island |
$249,000 | 1.4 | $184,444/ac | above market | |
| 1.6 acres Central Manitoulin |
$414,900 | 1.6 | $258,827/ac | above market | |
| 1.5 acres Gore Bay, Manitoulin Island |
$499,000 | 1.5 | $332,667/ac | above market | |
| 1.7 acres Gore Bay |
$570,000 | 1.7 | $335,294/ac | above market | |
| 1.5 acres Little Current |
$789,900 | 1.5 | $526,600/ac | above market |