1518 Island 1040
Georgian Bay, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
Rare opportunity to own a protected-bay waterfront retreat just a 5-minute boat ride from Honey Harbour marinas. Located at the mouth of Lover's Bay on Little Beausoleil Island, this turn-key property offers 3.3 acres of granite landscape and 320 feet of shoreline with sandy entry, smooth rock, and deep water access with a T-dock.The 2-bedroom cottage plus separate bunkie with its own washroom provide flexible accommodation for family or guests. Hardwood floors and expansive water views enhance the interior, while a large deck offers ideal space for entertaining. Swim, kayak, and fish directly from the dock in calm, low-traffic waters known for excellent smallmouth bass and muskie.Major upgrades include a recently engineered septic system, upgraded dock, and transferable Bell high-speed internet. Proven short-term rental potential adds income flexibility.Sold fully furnished with most contents, equipment, and a 14' aluminum boat with new 4hp motor.Protected waterfront, privacy, income potential, and expansion flexibility - a rare Georgian Bay offering.
Listing Details
- Taxes (2025)
- $2,749
- Listed
- June 8, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Other
- Lot Size
- 320 x 510.4 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- BY BOAT ONLY
- Zoning
- SRI-1
- Parcel Number
- 480140646
- Possession
- 30-59 days
- Occupancy
- Owner
Included
- Inclusions
- All Furniture and deco in main Cottage and Bunkie, Stove Top, Toaster Oven, Refrigerator, Washer, Dryer, Microwave
Waterfront
- Water Body
- Georgian Bay
- Shoreline
- Rocky, 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
- $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
PCIG COMMERCIAL REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$159,800
Estimated Monthly Payment
$3,925
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
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Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $229/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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