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2 Island 2890

2 Island 2890

Georgian Bay, ON

  • 2 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
$899,000Price reduced 5%

Nestled in the heart of Cognashene, lies a stunning 2-acre island in a private bay with only 3 other cottages separated by crown land. Enjoy the tranquility and stellar sunsets from an extremely well appointed 2-bedroom cottage with large loft and open concept living / kitchen. Only a few steps across the sun deck, there's a private guest cabin so family and company will have their own space. A short walk down a rocky path gets you to yet another small Bunkie for additional sleeping. A deep water dock provides sheltered mooring for a large boat and offers great swimming and fishing. This pristine and unique Island getaway has been a well loved home away from home for a wonderful local family for more than two generations, and they are leaving the place in perfect condition for a new family like yours. Access is available by boat, airboat and snowmobile from Honey Harbour.

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Listing Details

Taxes (2025)
$5,438
Originally Listed
$950,000
Listed
November 5, 2025

Price History

Property

Style
1 1/2 Storey
Construction
Wood
Roof
Metal
Foundation
Concrete, Piers
Interior
Water Heater Owned, Water Treatment

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Water
Lake/River, Sediment Filter
Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
BY BOAT ONLY
Zoning
SRI7
Parcel Number
480110570
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Most Furniture, Appliance
Exclusions
All personal items. Personal Tools and Tool Box, Cedar Chest, Cherry Dining Room Table, Kayak, Generator

Waterfront

Water Body
Georgian Bay
Shoreline
Deep, Rocky
Docking
Private

Schools

Elementary

  • Honey Harbour Public School4.4 km

    Public · Trillium Lakelands DSB · 60 students

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

Property Insights

waterfront

AI-generated from listing photos. Not professional advice.

Community

Postal area P0E

Population
3,606
Private dwellings
3,164
Median age
54.4
Average household size
2.3
Median household income
$83,000

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
$729,000
Homes sold
91
Median days on market
48
Sale-to-list price
92.5%

Based on 91 recorded sales of residential freehold properties in Georgian Bay over the last 12 months.

Rooms

2-piece on Main, 2-piece on Main

Main

  • Bathroom5'3" x 9'1"
  • Bathroom5'3" x 5'9"
  • Bedroom8'2" x 11'5"
  • Bedroom8'9" x 7'7"
  • Dining Room8'11" x 17'1"
  • Kitchen11'8" x 12'6"
  • Living Room16'2" x 17'1"

Listed by

RE/MAX By The Bay Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$179,800

Estimated Monthly Payment

$4,417

Land transfer tax

Estimated land transfer tax$14,455

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: $4,417/mo (20% down, 5.5%)

Taxes: $453/mo · Insurance: $225/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 A short walk down a rocky path gets you to yet another small Bunkie for additional sleeping.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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