1 Island 2SL Island
Gravenhurst, ON
- 6 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 31 days on market
PARADISE FOUND - YOUR OWN PRIVATE ISLAND ON SPARROW LAKE! Imagine summers spent surrounded by water, spectacular sunsets and the people who matter most. Ernest Island is a truly special opportunity to own an entire private island on beautiful Sparrow Lake, offering the perfect setting for unforgettable family memories and a genuine escape from the everyday. Family-owned for decades, this unique property features three separate and private cabins, each with two bedrooms, comfortable living spaces and endless lake views. The thoughtful layout makes it ideal for extended family and guests, giving everyone their own space while still bringing everyone together in one extraordinary setting. The island's privacy, natural topography and stunning waterfront create countless opportunities to relax and disconnect. Enjoy massive sunset views, find your own favourite spot along the shoreline, gather around the firepit, or spend the day on the water. With two separate docking areas, easy boat access and a short ride to nearby marinas and landings, getting to and from the island is wonderfully convenient. Sparrow Lake is part of the Trent-Severn Waterway, offering boat access toward Georgian Bay, Lake Couchiching, Lake Simcoe and beyond - making this an exceptional base for exploring the surrounding waterways. The property is also exceptionally well equipped for island living, with multiple outbuildings providing plenty of storage, along with gardening areas, a firepit and numerous spaces to simply enjoy the outdoors. For those looking to make this summer the one they finally make the move, Ernest Island is now offered at a newly reduced price as part of an end-of-season opportunity. A rare chance to step into a property like this - without waiting for another season. Come experience Ernest Island for yourself and discover why some places are more than a cottage - they become part of the family story.
Listing Details
- Taxes (2025)
- $3,465
- Listed
- August 19, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Vinyl Siding, Wood
- Roof
- Asphalt Shingle
- Foundation
- Piers, Other
- Interior
- Guest Accommodations, Primary Bedroom - Main Floor
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Wood
Location & Legal
- Cross Street
- Sparrow Lake
- Parcel Number
- 480420379
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- See Schedule "C"
- Exclusions
- See Schedule "C"
- Rental Items
- None
Waterfront
- Water Body
- Sparrow Lake
- Shoreline
- Mixed, Rocky
- Docking
- Private
Schools
Elementary
- K P Manson Public School3.8 km
Public · Trillium Lakelands DSB · 195 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 29% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P1P
- Population
- 11,083
- Private dwellings
- 6,921
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $72,500
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
- 228
- Median days on market
- 34
- Sale-to-list price
- 94.8%
Based on 228 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Listed by
Royal LePage Lakes Of Muskoka Realty
Walk Score
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Location
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Mortgage Calculator
$129,980
Estimated Monthly Payment
$3,193
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: $3,193/mo (20% down, 5.5%)
Taxes: $289/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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