$799,000
Est. payment $3,538/moCalculate yours
1518 Island 1040, Georgian Bay, ON P0E 1E0
Baxter, Georgian Bay, ON P0E 1E0
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of PCIG COMMERCIAL REALTY INC. MLS® X13417544
About this home
Rare opportunity to own a protected-bay waterfront retreat just a 5-minute boat ride from Honey Harbour marinas. Located at the mouth of Lover’s Bay on Little Beausoleil Island, this turn-key property offers 3.3 acres of granite landscape and 320 feet of shoreline with sandy entry, smooth rock, and deep water access with a T-dock.The 2-bedroom cottage plus separate bunkie with its own washroom provide flexible accommodation for family or guests. Hardwood floors and expansive water views enhance the interior, while a large deck offers ideal space for entertaining. Swim, kayak, and fish directly from the dock in calm, low-traffic waters known for excellent smallmouth bass and muskie.Major upgrades include a recently engineered septic system, upgraded dock, and transferable Bell high-speed internet. Proven short-term rental potential adds income flexibility.Sold fully furnished with most contents, equipment, and a 14′ aluminum boat with new 4hp motor.Protected waterfront, privacy, income potential, and expansion flexibility - a rare Georgian Bay offering.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Wood
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 320 x 510.4 Feet
- Parking
- None garage
- Zoning
- SRI-1
Financial
- Property Taxes
- $2,749 (2025)
Location
- Neighbourhood
- Baxter
- Cross Street
- BY BOAT ONLY
- Direction Faces
- South
Listing
- MLS® Number
- X13417544
- Days on Market
- 132
- Listed On
- 2026-06-08
- Possession
- Immi
- Listed By
- PCIG COMMERCIAL REALTY INC.
Features
Interior
- Other
Property
- Golf
- Island
- Lake/Pond
- Marina
- Wooded/Treed
- Waterfront
Pool
- None
- Included
- All Furniture and deco in main Cottage and Bunkie, Stove Top, Toaster Oven, Refrigerator, Washer, Dryer, Microwave
Mortgage calculator
Estimated mortgage payment
$3,538 per month
- Principal and interest
- $3,538
- Property tax
- $229
- Condo fees
- $0
- Estimated monthly cost
- $3,767
Your mortgage
- Mortgage amount
- $639,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,140
Cash to close
- Down payment
- $159,800
- Land transfer tax
- $12,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,255
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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