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775 556 Highway

Algoma, Unorganized, North Part, ON P6A 5K7

ActiveFor Sale
3 Beds
4 Baths
5,000 Sq Ft
1 Lot Sq Ft
Single Family Home
Virtual Tour Available

About This Property

An exceptional waterfront estate on Lower Island Lake, 775 Highway 556 offers a scale and presence rarely found in the surrounding market. Set on approximately 0.93 acre with an extraordinary 500 feet of shoreline wrapping around a prominent point, the property enjoys expansive water views and an immersive connection to the lake from multiple sides. At approximately 5,900 square feet, the custom residence delivers a distinctive Northern Ontario lodge aesthetic defined by substantial timber detailing, natural stone, soaring architectural lines and extensive lakeside glazing. Generous principal rooms provide exceptional space for family and entertaining, while the home's thoughtful orientation places the waterfront at the centre of the experience. Outside, extensive decking and covered outdoor living areas transition seamlessly toward beautifully maintained grounds and the shoreline beyond. The point configuration creates an impressive sense of waterfront presence, with established landscaping, docking and multiple vantage points from which to enjoy the peaceful Lower Island Lake setting. Adding considerably to the offering are two double garages, providing outstanding capacity for vehicles, boats, recreational equipment, workshop space or collections-a particularly valuable complement to a property designed for four-season Northern Ontario living. Generous craft room plus additional recreational areas perfectly complement the living space. Substantial in every respect, this is far more than a conventional lake house. It is a complete waterfront estate combining approximately 5,900 square feet of living space, remarkable shoreline, extensive infrastructure and unmistakable lodge character within one cohesive property. 775 Highway 556 represents a rare opportunity to acquire a difficult-to-replicate waterfront holding just outside Sault Ste. Marie-equally suited to year-round living, an extended family retreat or a lasting Northern Ontario legacy property.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size5,000 sq ft
Lot Size1 sq ft
Bedrooms3
Bathrooms4
Taxes (2026)$3,327
Postal CodeP6A 5K7
Last UpdatedOct 28, 2026 · 1:44 p.m.

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Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Air Conditioning

Buying or selling in Algoma, Unorganized, North Part?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13836944

Listed by Sotheby's International Realty Canada

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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,995,000

asking price

MLS®X13836944
TypeSingle Family Home
CityAlgoma, Unorganized, North Part
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Mortgage Estimate

Est. Monthly Payment

$9,742

/month · $1,596,000 mortgage

Down Payment20% — $399,000
Interest Rate5.5%

Amortization

Total Interest

$1,326,554

Total Cost

$2,922,554

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Sotheby's International Realty Canada