3888 Island 820/Mermaid Island
Georgian Bay, ON
- 4 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
- 114 days on market
Tucked into a protective northwest-facing cove on Mermaid Island this 3.6 acre Georgian Bay retreat offers 571 ft of waterfront, elevated views, and a substantial t-shaped dock just a 2-minute boat ride from Honey Harbour. This 1,775 sq ft open concept layout is designed for entertaining, with vaulted ceilings, wood finishes, a freestanding woodstove, skylight and oversized windows that frame the water at every turn. 2 bedrooms and a full bathroom are located on the main floor along with a convenient laundry room and enclosed sunroom. The upper loft offers a primary bedroom with ensuite plus additional flexible space prefect for a second sleeping are or private office. Cedar decking on the west side and a composite deck on the east side provide generous outdoor living space from sunrise to sunset. The full walk-out basement offers excellent storage and utility space. A shed houses the tractor and 2 dedicated woodsheds keep the property organized and cold weather-ready. Additional structure can be converted to a bunkie or studio space which rounds out the offering, ideal for guests or a creative retreat. The natural rocky shoreline transitions gradually to the dock and protected water, quintessential Canadian Shield at its finest. Need more space? Current zoning permits a larger cottage and an additional bunkie. Consultation with the Township Planning Department will further verify and septic needs to be considered. Privacy, space and room to grow are increasingly rare on Georgian Bay. This is the one!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $3,864
- Listed
- May 16, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Age
- 31-50
- Construction
- Concrete Block, Wood
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Water Purifier, Water Heater Owned
- Lot Size
- 571.99 x 319.9 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Boat 2 minutes north of Honey Harbour marinas
- Zoning
- SRI1, FH1
- Parcel Number
- 480140384
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Refrigerator, cooktop, oven, dishwasher, dryer, washer, ATV, tractor, most furnishings, TV and remote, marine railway, Generator (not wired in), canoe, paddle boat
Waterfront
- Water Body
- Georgian Bay
- Shoreline
- Clean
- 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.
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
- $730,000
- Homes sold
- 99
- Median days on market
- 47
- Sale-to-list price
- 92.8%
Based on 99 recorded sales of residential freehold properties in Georgian Bay over the last 12 months.
Rooms
3-piece on Main, 3-piece on Upper
Upper
- Bathroom10'7" x 8'1"
- Loft14'3" x 14'5"
- Loft14'9" x 12'1"
Main
- Bathroom10'9" x 8'6"
- Bedroom11'1" x 8'11"
- Bedroom 210'9" x 9'1"
- Dining Room6'9" x 12'2"
- Kitchen11'6" x 12'2"
- Laundry10'9" x 7'10"
- Living Room24'10" x 23'2"
- Sunroom10' x 16'2"
Basement
- Workshop10'7" x 10'9"
Listed by
MOFFAT DUNLAP REAL ESTATE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$169,800
Estimated Monthly Payment
$4,171
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: $4,171/mo (20% down, 5.5%)
Taxes: $322/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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