$699,000
Est. payment $3,095/moCalculate yours
3 Island 20LM Island, Gravenhurst, ON P1P 1R2
Muskoka (S), Gravenhurst, ON P1P 1R2
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of Re/Max Hallmark Realty Limited MLS® X13874968
About this home
Tick the boxes for a premium island property! The West side of Java Island in South Lake Muskoka has a long lake, panoramic sunset views, south, west and northwest exposures, 630 feet of wide peninsula-style shoreline, 1.1 acres, a friendly topography, a 900-square-foot main cabin existing at the water’s edge, a wood-burning stone fireplace, a bunkie, a large dock on the south side, and quick, easy access from a choice of marinas. The lot location on this island offers privacy, and this package is nicely priced! This property is deeply cherished and enjoyed by multiple generations for 70 years. Existing trails make Island walking a pleasure. With a little TLC, stay in the 2- bedroom cabin or build new. Newer composting toilet on site; no septic system. Bonus Opportunity: 1 Island 20LM, the adjacent property on the east side abutting this property, is for sale, MLS X13247020. Potential to own another 460 shoreline feet, for a total of 1090 feet and 2/3rds of Java Island! Sunrise morning coffee and west-side cocktail sunsets. The Boat Slip at Pride Marina is transferable to new owners, and a boat is negotiable with the property. Perfect! Perfect!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Sold Conditional
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Window Unit(s)
- Exterior
- Wood
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- None
Lot & Parking
- Lot Size
- 630 x 275 Feet
- Parking
- None garage
- Zoning
- Residential Island RI-8A
Financial
- Property Taxes
- $6,161 (2026)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- n/a
- Direction Faces
- West
Listing
- MLS® Number
- X13874968
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- Flexible
- Listed By
- Re/Max Hallmark Realty Limited
Rooms
Features
Interior
- None
Property
- Clear View
- Island
- Part Cleared
- Terraced
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- TBD
- Excluded
- A few personal items TBD
Mortgage calculator
Estimated mortgage payment
$3,095 per month
- Principal and interest
- $3,095
- Property tax
- $513
- Condo fees
- $0
- Estimated monthly cost
- $3,608
Your mortgage
- Mortgage amount
- $559,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,306
Cash to close
- Down payment
- $139,800
- Land transfer tax
- $10,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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