45 Island 2ml Island
Gravenhurst, ON
- 3 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 127 days on market
Morrison Lake Waterfront Island 4 Season Cottage/Home! Enjoy easy access from deeded mainland parking at Morrison Landing Government Dock, just seconds across the lake to your own private waterfront retreat. Property features a beach excellent for families wanting to bask near the waters edge, huge dock with plenty of boat parking, fire pit and a roadway/driveway from the shoreline right to the cottage door for easy access.The original cottage was completely rebuilt from the ground up with all new infrastructure including, heating and A/C systems, electrical, plumbing, insulation, structural supports and tasteful top-to-bottom renovations. Meticulously maintained and low maintenance, the main cottage features 2 large bedrooms (one with an office area overlooking water), a full 3-piece bathroom, premium wood walls & ceilings, durable flooring, and pot lighting throughout.The kitchen is an entertainer's delight with full-size appliances, granite countertops, and ample storage. Newly constructed Swiss Family Robinson-style stand alone bunkie features a huge guest suite above complete with a screened-in porch overlooking the lake (steel roof). Below the bunkie offers a covered sitting area to extend the outdoor season plus a full-size hot tub for year round enjoyment. Newly built boathouse (could be another bunkie) near the water's edge.Excellent septic system (heated for winter use) and drinkable water with filtration system. All indoor furniture is included; the work has been done, just move in and enjoy! Morrison Lake offers excellent boating, water skiing, paddling, fishing, snowmobiling, and a wonderful welcoming community year-round!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $3,204
- Listed
- May 16, 2026
Price History
Property
- Style
- Bungalow
- Age
- 0-5
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Block, Piers
- Interior
- Accessory Apartment, On Demand Water Heater, Upgraded Insulation, Workbench, Water Treatment, Water Purifier, Storage, Propane Tank, Carpet Free
- Lot Size
- 120 x 344 Feet
Parking
- Garage
- Other
- Covered Spaces
- 1
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Southwood / North Morrison Lake
- Zoning
- Residential
- Parcel Number
- 480390253
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Indoor Furniture, Indoor and Outdoor Appliances, Hot Tub, Dishes and Cutlery, TVs, Sound Systems, Lighting Fixtures, Ceiling Fans, Carpets, BBQ, all Metal Deck Patio Furniture, Propane Tanks, Water System Water Filters, Old Water Skis, Life Jackets, Water Tubes, Rubber Maid Storage Shed.
- Exclusions
- Boats, Seadoo's, Kubota, Boat Lift/ Winch, Seadoo Ramp, Honda Generator, Honda Snow Blower, Mower, Bunkie Patio Furniture, Outdoor Muskoka Chairs & matching Tables, 2 Antique Motors, Compressor, Bunkie Muskoka Room Furniture, Vacuum, Milwaukee Tools, batteries & chargers, White Storage Bin.
- Rental Items
- 0
Waterfront
- Water Body
- Morrison Lake
- Shoreline
- Clean, Sandy, Rocky
- Docking
- Private, Public
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 Gravenhurst · last 12 months
- Median sold price
- $625,000
- Homes sold
- 226
- Median days on market
- 34
- Sale-to-list price
- 94.8%
Based on 226 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Rooms
4-piece on Lower, 2-piece on In Between
Main
- Dining Room14'10" x 10'
- Kitchen16'8" x 8'7"
- Living Room14'9" x 13'
Lower
- Bedroom 213'8" x 8'10"
- Primary Bedroom19'5" x 8'11"
Listed by
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$157,800
Estimated Monthly Payment
$3,876
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: $3,876/mo (20% down, 5.5%)
Taxes: $267/mo · Insurance: $197/mo
Estimates only. Consult a financial advisor.
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