Detached

$789,000

45 Island 2ml Island, Gravenhurst, ON P0E 1G0

Wood (Gravenhurst) · Gravenhurst · P0E 1G0

Listing brokerage: RE/MAX HALLMARK YORK GROUP REALTY LTD.

Beds
2+1
Baths
2
Sq ft
700–1100
Parking
0

The home

Parking
None

About this home

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!

All details6 more from the listing · Interior, Listing

Interior

Bedrooms
2+1
Bathrooms
2
Size
700-1100 sq ft

Listing

MLS® number
X13138794
Type
Detached
Neighbourhood
Wood (Gravenhurst)

History

Past listings and sales for this home and building.

Monthly cost

Estimated monthly cost

$3,494/mo

Mortgage
$3,494
Down payment$157,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Property tax not included. Speak with a lender for an exact figure.

Cash to close

Cash to close

$171,805

$157,800 down + $14,005 to $15,255 in closing costs

Ontario land transfer tax
$12,255
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$789,000

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