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5096 Island 865

5096 Island 865

Georgian Bay, ON

  • 2 bed
  • 1 bath
  • approx. < 700 sqft
  • Detached
$549,000Price reduced 5%

Welcome to your dream escape just 1 hour and 40 minutes from the GTA and a quick 2-minute boat ride from the marina. This well-maintained, boat-access cottage is set on a private and picturesque 0.674-acre lot with 138 feet of pristine waterfront on a quiet bay, offering the perfect blend of tranquility, comfort, and adventure. The charming 2-bedroom cottage features a bright and airy open-concept layout, enhanced by vaulted ceilings and tasteful décor throughout. The living room is warmed by a fireplace with airtight insert, and the kitchen with dining area is ideal for gathering with family and friends. Laminate flooring in the kitchen and living room adds to the cottages clean, updated feel, while a 3-piece bathroom ensures all the essentials are covered. Step outside to a spacious deck that overlooks the sparkling water, ideal for morning coffee, afternoon lounging, or evening cocktails with a sunset view. A large dock with deep water offers excellent swimming and boating access, while a sandy beach area along the shore is perfect for children and pets to play. As the sun sets, gather around the fire pit overlooking the bay and soak in the serene views and golden light dancing on the water. An 8' x 12' Bunkie adds extra accommodation space for guests, making this property a wonderful option for hosting weekend getaways or summer holidays. Whether you're looking for a peaceful place to recharge or a lakeside hub for fun-filled days on the water, this turnkey property delivers an unforgettable cottage experience. Accessible, inviting, and fully ready for the season, this is your opportunity to own a slice of waterfront paradise.

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Listing Details

Taxes (2024)
$1,956
Originally Listed
$575,000
Listed
June 6, 2025

Price History

Property

Style
Bungalow
Age
51-99
Construction
Wood
Roof
Metal
Foundation
Block, Piers
Interior
Water Heater Owned
Lot Size
138 x 193.05 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Water
Lake/River
Sewer
Holding Tank
Heat Source
Wood

Location & Legal

Cross Street
Highway 400 and South Bay Road
Parcel Number
480150554
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Inside Furniture, Outside Furniture
Exclusions
Personal Possessions, Power Tools, Kase sign by inside front door, Spoons on wall between mounted water skis, Oil lamp on mantle, Kraft box on mantle, Lantern on mantle, Tea tray on wall by dining table, Antique iron on fireplace, Paddle Board and Paddle.
Rental Items
None

Waterfront

Water Body
Georgian Bay
Shoreline
Clean, Rocky, Deep
Docking
Private

Schools

Elementary

  • Honey Harbour Public School3.8 km

    Public · Trillium Lakelands DSB · 60 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board.

Community

Postal area L0K

Population
38,386
Private dwellings
22,207
Median age
50.8
Average household size
2.4
Median household income
$88,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Georgian Bay · last 12 months

Median sold price
$727,000
Homes sold
92
Median days on market
48
Sale-to-list price
92.5%

Based on 92 recorded sales of residential freehold properties in Georgian Bay over the last 12 months.

Listed by

Sotheby's International Realty Canada

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$109,800

Estimated Monthly Payment

$2,697

Land transfer tax

Estimated land transfer tax$7,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,697/mo (20% down, 5.5%)

Taxes: $163/mo · Insurance: $137/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions An 8' x 12' Bunkie adds extra accommodation space for guests, making this property a wonderful option for hosting weekend getaways or summer holidays.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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