6 Water Street, Tehkummah, ON P0P 1Z0
Tehkummah · Near Water Street & Highway 6 Ferry Terminal · View map
About this home
Exceptional mixed-use investment opportunity with property in the gateway community of South Baymouth, Manitoulin Island. This unique offering includes the well-established Pierside Restaurant, Manitoulin Trading Post retail operation & a residential apartment, all situated on approximately 0.665 acres with excellent visibility & exposure to Chi-Cheemaun ferry traffic. The Chi-Cheemaun ferry serves as one of Northern Ontario's most important tourism corridors, carrying approx 186,866 passengers and 68,087 vehicles in 2024 alone. Positioned near the ferry terminal, the property benefits from significant seasonal tourist traffic & strong visibility to visitors entering & leaving Manitoulin Island. The property offers multiple income streams through restaurant, retail, & residential uses. Buyers may explore opportunities to expand operating hours, extend the business season, enhance food and beverage services, increase event & catering activities, strengthen online retail sales, improve marketing initiatives, or further develop the residential component, subject to all required approvals and due diligence. The existing mixed-use configuration may present future development, accommodation, staff housing, hospitality, tourism, or expansion opportunities, subject to municipal approvals, zoning compliance, permits, and buyer verification. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement and Seller authorization. The property features a restaurant, retail space & residential accommodation, with seating for 212 guests approx. & 40 parking spaces. The current owner purchased the business due to its excellent location & outstanding opportunity- is now retiring. Future growth opportunities include extending the operating season, transitioning to year-round operation, expanding catering.
The home
- Type
- Sale of business
- Square footage
- 6300 sq ft
- Lot size
- 168.7 x 173 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 20
- Total parking
- 20
Taxes & other
- Property taxes
- $10,000/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- TBA
- Cross street
- Water Street & Highway 6 Ferry Terminal
More
- MLS® number
- X13474510
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No features listed yet.
- 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.
6 Water Street, Tehkummah, ON P0P 1Z0
Tehkummah · Near Water Street & Highway 6 Ferry Terminal
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Listing history for 6 Water Street
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 6 Water Street
Answers come straight from this home’s MLS® listing.
How much is 6 Water Street listed for, and what would it cost each month?
6 Water Street is listed for $2,650,000. With 20% down ($530,000), the mortgage payment would be roughly $10,689 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,523 a month, all in. That figure is an illustration, not a quote.
Is 6 Water Street freehold or a condo, and is there a monthly fee?
6 Water Street is a sale of business in Tehkummah. 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.
Does 6 Water Street have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 20 spaces. In total the listing counts 20 parking spaces.
What style of home is 6 Water Street?
6 Water Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 6 Water Street, and what is the lot size?
The lot is listed as 168.7 x 173 ft.
How is 6 Water Street heated and cooled?
Heating is electric forced air. Cooling is yes.
What are the property taxes for 6 Water Street?
Property taxes are $10,000 a year (2026), or about $833 a month.
Where is 6 Water Street?
6 Water Street is in Tehkummah. The nearest main intersection is Water Street & Highway 6 Ferry Terminal. The postal code is P0P 1Z0.
Is 6 Water Street still for sale?
Yes. It is an active listing (MLS® X13474510). Listings here update from the board through the day and come down once a home sells.
What have homes at 6 Water Street 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 6 Water Street?
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: CENTURY 21 GREEN REALTY INC.
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.