20257 Highway 540 Silver Water, Ontario P0P 1Y0
$379,900
Welcome to Silver Water — a tranquil community on beautiful Manitoulin Island. This charming 3-bedroom bungalow, built in 1995, offers comfort, character, and exceptional value in a peaceful rural setting. Set on nearly two private acres, the home features attractive pine siding, a durable metal roof, and a full-length covered front porch — the perfect spot to relax and enjoy the natural surroundings. Inside, the spacious main living area boasts an open-concept design with a kitchen, dining, and living room under soaring cathedral ceilings. Rich pine floors and doors throughout add warmth and cottage-style charm. Step out from the kitchen to your brand new cedar deck, which overlooks the expansive yard — ideal for entertaining or quiet outdoor living. The main level includes a full 4-piece bathroom and all three bedrooms. The basement is partially finished with drywall and laminate flooring and includes a 3-piece bath, plus hookups for a stove and fridge, offering the potential for an in-law suite or secondary living space. One of the standout features of this home is the income-generating solar panel system, which produces between $11,000 and $12,500 annually. The current contract runs until 2031, after which you’ll have the option to switch to net metering and use the power for your own home. Whether you're looking for a year-round residence or a peaceful island retreat, this oversized bungalow offers the space, setting, and features to make it your own. Book your private showing today! (id:47351)
Property Details
| MLS® Number | 2123852 |
| Property Type | Single Family |
| Community Features | Community Centre, Family Oriented, Rural Setting, School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Storage Type | Storage In Basement, Storage Shed |
| Structure | Shed, Patio(s), Workshop |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Architectural Style | Bungalow |
| Basement Type | Full |
| Cooling Type | Air Exchanger |
| Exterior Finish | Wood Siding |
| Flooring Type | Tile, Other |
| Foundation Type | Block |
| Heating Type | High-efficiency Furnace, Baseboard Heaters |
| Roof Material | Metal |
| Roof Style | Unknown |
| Stories Total | 1 |
| Type | House |
| Utility Water | Drilled Well |
Parking
| Gravel |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Fence Type | Cedar Rail, Chain Link |
| Sewer | Septic System |
| Size Total Text | 1 - 3 Acres |
| Zoning Description | A |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Storage | 8.8 x 3.6 | ||
| Lower Level | Storage | 8.8 x 3.6 | ||
| Lower Level | 3pc Bathroom | 7.10 x 5.8 | ||
| Lower Level | Laundry Room | 7.11 x 25.2 | ||
| Lower Level | Recreational, Games Room | 20.3 x 24.11 | ||
| Main Level | Primary Bedroom | 12.4 x 12.11 | ||
| Main Level | Bedroom | 10.10 x 12.2 | ||
| Main Level | Bedroom | 9.7 x 11.0 | ||
| Main Level | Bathroom | 8.6 x 12.3 | ||
| Main Level | Kitchen | 15.8 x 16.10 | ||
| Main Level | Living Room | 17.10 x 10.10 |
https://www.realtor.ca/real-estate/28671600/20257-highway-540-silver-water-manitoulin-island
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July 30 2025 11:39:33
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)