$235,000
For sale: Apartment

Incredible investment opportunity in the beautiful community of Manitouwadge, Ontario! This property offers two spacious units, each featuring functional layouts and excellent income potential. The first unit welcomes you with a cozy living room that flows seamlessly into the dining area, both full of natural light. The kitchen overlooks the massive backyard and peaceful greenspace beyond. A convenient 2-piece bathroom completes the main level. Upstairs, you’ll find two spacious bedrooms plus a large primary bedroom featuring dual closets, along with a full 4-piece bathroom. The lower level offers an open unfinished space with laundry area and plenty of storage potential. The second unit mirrors the comfort and functionality of the first, featuring a bright and spacious living room, dining area, kitchen, and convenient 2-piece bathroom on the main floor. Upstairs includes two spacious bedrooms plus a primary bedroom with dual closets and a full 4-piece bathroom. The basement also offers an open layout with laundry space, a versatile room to be used to your liking. Outside, enjoy a backyard backing directly onto the forest, offering privacy and gorgeous natural surroundings. Each unit has its own front deck entrance and separate side entrance, with ample parking available on both sides of the property. Located close to scenic hiking trails and outdoor recreation, this property is an excellent opportunity for investors, multi-generational living, or owner-occupancy with rental income potential.
Sold data
Homes in Manitouwadge took a median of 53 days to sell over the last 365 days, with the quickest quarter selling within 27 days and the slowest quarter taking more than 102, across 48 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $129,950.
Homes sold for about 7.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 48 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Manitouwadge has 2 Fraser Institute–rated schools (1 elementary and 1 secondary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$240,000
Apartment78 Timmins ST, RED ROCK, RED ROCK

$159,900
Apartment54 Jackson CRES, Marathon, Marathon

$259,900
Detached1 Wendego Street, Manitouwadge, Manitouwadge

$158,500
Detached25 Brooks ST, Manitouwadge, Manitouwadge

$175,000
Detached16 Matachewan RD, Manitouwadge, Manitouwadge

$275,000
Detached29 BIRCH DR, MARATHON, MARATHON

$250,000
Detached10 Lloyd Irwin ST, Marathon, Marathon

$159,999
Detached14 Heron Drive, Manitouwadge, Manitouwadge