2974 Island 1040
Georgian Bay, ON
- 3 bed
- 1 bath
- approx. 1100-1500 sqft
- Detached
BY BOAT ONLY - Just a few short minutes in the boat and you'll arrive at this well-maintained cottage. Far more private than the frontage would suggest, this property is in a private inlet and is adjacent to an unopened road allowance which adds to the privacy. You'll enjoy basking in the sun on the large elevated South facing deck overlooking the waterfront. The cottage features a large open living/dining/kitchen area completely lined in pine for a warm feel. Much work and love has gone into freshening up the cottage and property. You will love the exposed rock area near the rear of the cottage and large grassy areas for outdoor activities. The new ductless split unit provides air conditioning for the hot days and heat for winter, spring and fall days. There are 3 bedrooms to wrap up the tour. Come see it right away.
Listing Details
- Taxes (2025)
- $2,654
- Originally Listed
- $599,800
- Listed
- March 3, 2026
Price History
Listing history
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Property
- Style
- 1 Storey/Apt
- Construction
- Wood
- Roof
- Shingles
- Foundation
- Piers
- Interior
- Primary Bedroom - Main Floor, Water Heater Owned, Water Purifier
- Lot Size
- 1.57 Acres
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- N/A
- Zoning
- SRI1 & FH1
- Parcel Number
- 480140616
- Possession
- Flexible
- Occupancy
- Owner
Waterfront
- Water Body
- Georgian Bay
- Shoreline
- Natural, Mixed
- Docking
- Private
Schools
Elementary
- Honey Harbour Public School1.5 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 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
- $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.
Rooms
3-piece
Ground
- Bathroom10'5" x 7'11"
- Bedroom10'5" x 10'5"
- Bedroom10'5" x 9'
- Bedroom10'5" x 10'5"
- Dining Room10'5" x 9'
- Kitchen10' x 10'
- Living Room20' x 16'
Listed by
Royal LePage In Touch Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$109,980
Estimated Monthly Payment
$2,701
Land transfer tax
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: $2,701/mo (20% down, 5.5%)
Taxes: $221/mo · Insurance: $137/mo
Estimates only. Consult a financial advisor.
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