775 556 Highway, Algoma, Unorganized, North Part, ON P6A 5K7
Algoma, Unorganized, North Part · Near 556 & 552 · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 5000 + sq ft
- Bedrooms
- 3
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 16
- Basement
- Crawl Space
- Lot size
- 500 x 180 ft
- Faces
- East
- View
- Lake
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Wood, Log
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 4
- Driveway spaces
- 10
- Total parking
- 14
- Parking features
- Private
Taxes & other
- Property taxes
- $3,327/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- 556 & 552
More
- MLS® number
- X13836944
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The home and its surroundings
- Generator - Full
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
775 556 Highway, Algoma, Unorganized, North Part, ON P6A 5K7
Algoma, Unorganized, North Part · Near 556 & 552
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Listing history for 775 556 Highway
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 775 556 Highway
Answers come straight from this home’s MLS® listing.
How much is 775 556 Highway listed for, and what would it cost each month?
775 556 Highway is listed for $1,995,000. With 20% down ($399,000), the mortgage payment would be roughly $8,047 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,325 a month, all in. That figure is an illustration, not a quote.
Is 775 556 Highway freehold or a condo, and is there a monthly fee?
775 556 Highway is a 2-storey detached home in Algoma, Unorganized, North Part. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 775 556 Highway have?
775 556 Highway has 3 bedrooms and 4 bathrooms.
Does 775 556 Highway have a garage and parking?
Yes. The listing shows the garage as attached, with room for 4 cars. The driveway adds 10 spaces. In total the listing counts 14 parking spaces.
Does 775 556 Highway have a finished basement?
The listing describes the basement as crawl space.
What style of home is 775 556 Highway?
775 556 Highway is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 775 556 Highway, and what is the lot size?
The lot is listed as 500 x 180 ft.
How is 775 556 Highway heated and cooled?
Heating is forced air (propane). Cooling is central air.
What are the property taxes for 775 556 Highway?
Property taxes are $3,327 a year (2026), or about $277 a month.
Where is 775 556 Highway?
775 556 Highway is in Algoma, Unorganized, North Part. The nearest main intersection is 556 & 552. The postal code is P6A 5K7.
Is 775 556 Highway still for sale?
Yes. It is an active listing (MLS® X13836944). Listings here update from the board through the day and come down once a home sells.
What have homes at 775 556 Highway sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 775 556 Highway?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: Sotheby's International Realty Canada
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.