Gurvinder Nokwal REALTOR®
For Sale Detached 347 days on market

$899,000 ↓ $51,000 from $950,000

Est. payment $3,981/moCalculate yours

2 Island 2890, Georgian Bay, ON P0E 1E0

Gibson, Georgian Bay, ON P0E 1E0

  • 2 Beds
  • 2 Baths
  • 700 Sq Ft

Listing courtesy of RE/MAX By The Bay Brokerage MLS® X12511512

About this home

Nestled in the heart of Cognashene, lies a stunning 2-acre island in a private bay with only 3 other cottages separated by crown land. Enjoy the tranquility and stellar sunsets from an extremely well appointed 2-bedroom cottage with large loft and open concept living / kitchen. Only a few steps across the sun deck, there’s a private guest cabin so family and company will have their own space. A short walk down a rocky path gets you to yet another small Bunkie for additional sleeping. A deep water dock provides sheltered mooring for a large boat and offers great swimming and fishing. This pristine and unique Island getaway has been a well loved home away from home for a wonderful local family for more than two generations, and they are leaving the place in perfect condition for a new family like yours. Access is available by boat, airboat and snowmobile from Honey Harbour.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
Price Change
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Wood
Foundation
Concrete, Piers
Roof
Metal
Water
Other
Sewer
Septic

Lot & Parking

Lot Size
2-4.99 acres
Parking
None garage
Zoning
SRI7

Financial

Property Taxes
$5,438 (2025)

Location

Neighbourhood
Gibson
Cross Street
BY BOAT ONLY
Direction Faces
West

Listing

MLS® Number
X12511512
Days on Market
347
Listed On
2025-11-05
Possession
Flexible
Listed By
RE/MAX By The Bay Brokerage

Rooms

Room Level Dimensions
Bathroom Main 5′ 3″ × 9′ 1″
Living Room Main 16′ 2″ × 17′ 1″
Bathroom Main 5′ 3″ × 5′ 9″
Bedroom Main 8′ 2″ × 11′ 5″
Dining Room Main 8′ 11″ × 17′ 1″
Kitchen Main 11′ 8″ × 12′ 6″
Bedroom Main 8′ 9″ × 7′ 7″

Features

Interior

  • Water Heater Owned
  • Water Treatment

Property

  • Island
  • Lake Access
  • Lake/Pond
  • Wooded/Treed
  • Waterfront

Pool

  • None
Included
Most Furniture, Appliance
Excluded
All personal items. Personal Tools and Tool Box, Cedar Chest, Cherry Dining Room Table, Kayak, Generator

Mortgage calculator

Minimum for this price: $64,900 (7.22%)

Amortization, years

Estimated mortgage payment

$3,981 per month

Principal and interest
$3,981
Property tax
$453
Estimated monthly cost
$4,434

Your mortgage

Mortgage amount
$719,200
Mortgage insurance
Not needed
Interest over 25 years
$474,973

Cash to close

Down payment
$179,800
Land transfer tax
$14,455
Total, before legal fees
$194,255
Talk to me about financing

Estimates 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

2 Island 2890, Georgian Bay, ON P0E 1E0 Gibson, Georgian Bay, ON P0E 1E0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$899,000 2 Island 2890, Georgian Bay, ON P0E 1E0
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