Listed for:Listed Nov 5, 2025
$899,000

2 Island 2890

Georgian Bay (Gibson), ON P0E 1E0

Detached House For Sale
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Sale & Price History for 2 Island 2890, Georgian Bay, Gibson

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2 Island 2890, Georgian Bay, Gibson

Summarized Description

  • Stunning private island with 2 acres of land.
  • Open concept living and kitchen area.
  • Includes a large loft for extra space.
  • Private guest cabin for visitors.
  • Deep water dock for boating access.
  • Ideal for swimming and fishing activities.
  • Tranquil setting with beautiful sunsets.
  • Well maintained for new family enjoyment.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,438
Land Transfer Tax Fee
$14,455

Basement Type
None

Interior Features

Laundry Level
Main Level
Interior Extras
Water Heater Owned, Water Treatment
View
Forest, Lake, Water, Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Porch
Pool
None
Property Features
Island, Lake Access, Lake/Pond, Wooded/Treed, Waterfront
Other Structures
Aux Residences, Workshop

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Wood
Roof
Metal
Foundation Details
Concrete, Piers
Special Designation
Unknown

Lot

Lot Front
1269.69 ft
Lot Depth
0.00 ft
Lot Size
2
Lot Shape
Irregular

Inclusions

Inclusions
Most Furniture, Appliance

Exclusions

Exclusions
All personal items. Personal Tools and Tool Box, Cedar Chest, Cherry Dining Room Table, Kayak, Generator

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Other
Sewers
Septic
Natural Gas
No
Hydro
Yes

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 2 Pc Bath, Combined w/Laundry
  • Bathroom—
    Main level, Separate Shower

Washrooms

  • 2-piece, Main
  • 2-piece, Main

Municipality
Georgian Bay
Neighbourhood
Gibson
Main cross streets
BY BOAT ONLY
Zoning
SRI7
Directions
BY BOAT from Honey Harbour Marina's to Cognashene Lake to Island 2890
Waterfront
Direct

MLS® number
X12511512
Data source
Toronto Regional Real Estate Board
Listed on
2025-11-05
Updated on
2026-08-08
Days on market
344 days
Possession type
Flexible
Co-op commission
3%+HST
Seller
Listed by
RE/MAX By The Bay Brokerage

Home Market Value

Current home valuation for 2 Island 2890, Georgian Bay, Gibson, Georgian Bay, ON. Listed for $899,000

HOMEH Estimate

?

$1,055,702

Estimated Sales Range

?

$804,084 - $1,200,079

HOMEH Estimate for 2 Island 2890, Georgian Bay, Gibson

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,055,702Low confidence
Based on 7 comparable properties
− $156,702 (15%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number
Approximate location — within this area
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Georgian Bay, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,000 over $500K

Minimum down payment

$64,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,335$25,082$21,396$0
=Total mortgage
$866,708$834,182$785,546$719,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,232monthly$4,073monthly$3,835monthly$3,511monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,455

Total Land Transfer Tax

$14,455

Around this home

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