$849,000
Est. payment $3,759/moCalculate yours
3888 Island 820/Mermaid Island, Georgian Bay, ON P0E 1E0
Baxter, Georgian Bay, ON P0E 1E0
- 2 + 2 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of MOFFAT DUNLAP REAL ESTATE LIMITED MLS® X13147664
About this home
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!
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 1,500 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Concrete Block, Wood
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 571.99 x 319.9 Feet
- Parking
- None garage
- Zoning
- SRI1, FH1
Financial
- Property Taxes
- $3,864 (2025)
Location
- Neighbourhood
- Baxter
- Cross Street
- Boat 2 minutes north of Honey Harbour marinas
- Direction Faces
- West
Listing
- MLS® Number
- X13147664
- Days on Market
- 155
- Listed On
- 2026-05-16
- Possession
- Flexible
- Listed By
- MOFFAT DUNLAP REAL ESTATE LIMITED
Rooms
Features
Interior
- Water Purifier
- Water Heater Owned
Property
- Clear View
- Island
- Lake Access
- Sloping
- Waterfront
Pool
- None
- Included
- Refrigerator, cooktop, oven, dishwasher, dryer, washer, ATV, tractor, most furnishings, TV and remote, marine railway, Generator (not wired in), canoe, paddle boat
Mortgage calculator
Estimated mortgage payment
$3,759 per month
- Principal and interest
- $3,759
- Property tax
- $322
- Condo fees
- $0
- Estimated monthly cost
- $4,081
Your mortgage
- Mortgage amount
- $679,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $448,556
Cash to close
- Down payment
- $169,800
- Land transfer tax
- $13,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $183,255
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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