$1,300,000
↓ $199,000 from $1,499,000
Est. payment $5,756/moCalculate yours
51 Taylor Island, Gravenhurst, ON P1P 1R2
Muskoka (S), Gravenhurst, ON P1P 1R2
- 2 + 1 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13494674
About this home
Timeless and full of character, this cottage is classic Muskoka at it’s best! Nestled on a lush, tree-lined, gently sloping lot with nearly 2 acres & a generous 385 ft of shoreline, this exceptional property has it all. An abundance of flat outdoor space for family gatherings, lawn games & lakeside entertaining. Panoramic views & sought-after southwest-to-southeast exposure, sunshine all day, deep water off the dock & a sandy beach ideal for children. A refreshing cross breeze flows across the property, keeping the cottage naturally cool and the bugs away creating a comfortable outdoor setting throughout the summer. Spend evenings under the moon & stars around the lakeside fire pit, watch the kids enjoy the private play structure, or unwind in the expansive Muskoka room with vaulted ceilings and long unobstructed lake views. Inside, beautiful pine walls & ceilings throughout evoke warmth & charm. A spacious living & dining area centred around a fireplace, an eat-in kitchen, two bedrooms with walkouts to the large decks, two full bathrooms, and convenient laundry. A separate bunkie provides additional accommodation for family & friends. Enjoy the benefit of numerous recent updates, WiFi-enabled systems, and a 14kW backup generator that deliver modern convenience and peace of mind. As one of Muskoka’s coveted Big Three Lakes, Lake Muskoka offers endless opportunities to explore by boat, with access to waterfront restaurants, iconic destinations, championship golf & miles of breathtaking shoreline. Just a one-minute boat ride from the marina, this property offers the perfect balance of privacy & convenience. The best part yet - The potential is endless with a lot this size supporting the potential construction of a 2 storey boathouse and/or the opportunity to add onto the cottage subject to municipal approvals. Furniture may be negotiable so you might enjoy this rare opportunity to own a turnkey family retreat on one of Muskoka’s most iconic lakes.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Wood
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 385 x 422.5 Feet
- Parking
- None garage
- Zoning
- RW-6A
Financial
- Property Taxes
- $5,557 (2025)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- HWY 169 & Campbell's Marina
- Direction Faces
- South
Listing
- MLS® Number
- X13494674
- Days on Market
- 114
- Listed On
- 2026-06-26
- Possession
- TBD
- Listed By
- Chestnut Park Real Estate
Rooms
Features
Interior
- Central Vacuum
- Generator - Partial
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Water Treatment
Property
- Lake/Pond
- Marina
- Waterfront
- Wooded/Treed
- Sloping
- Clear View
Pool
- None
- Included
- Fridge, Dishwasher, Stove, Water Dispenser, all yard and maintenance tools (chainsaw, leaf blowers, trimmer, pressure washer, etc.), a small 16ft Wilker boat, paddle boards, kevlar canoe, 16ft tin boat with a 9.9hp motor, Generator, Furniture is negotiable.
- Excluded
- TBD
Mortgage calculator
Estimated mortgage payment
$5,756 per month
- Principal and interest
- $5,756
- Property tax
- $463
- Condo fees
- $0
- Estimated monthly cost
- $6,219
Your mortgage
- Mortgage amount
- $1,040,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,836
Cash to close
- Down payment
- $260,000
- Land transfer tax
- $22,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,475
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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