$749,000
Est. payment $3,316/moCalculate yours
1 Island 20LM Island, Gravenhurst, ON P1P 1R2
Muskoka (S), Gravenhurst, ON P1P 1R2
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13247020
About this home
First time offered in over seven decades! South Lake Muskoka, this Java Island property features 460 feet of gentle unblemished shoreline and approximately 1 acre of land prime for redevelopment. It is time for a new family to start making their own cherished memories. Adjacent proeprty - Lot 2 is also available for sale.
Property details
Overview
- Property Type
- Rural Residential
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Wood
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- None
Lot & Parking
- Lot Size
- 460 x 115.63 Feet
- Parking
- None garage
- Zoning
- R1-8A
Financial
- Property Taxes
- $4,326 (2025)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- island
- Direction Faces
- North
Listing
- MLS® Number
- X13247020
- Days on Market
- 135
- Listed On
- 2026-06-05
- Listed By
- Chestnut Park Real Estate
Features
Interior
- None
Pool
- None
Mortgage calculator
Estimated mortgage payment
$3,316 per month
- Principal and interest
- $3,316
- Property tax
- $361
- Condo fees
- $0
- Estimated monthly cost
- $3,677
Your mortgage
- Mortgage amount
- $599,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $395,723
Cash to close
- Down payment
- $149,800
- Land transfer tax
- $11,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $161,255
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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