Sold for:Sold Jul 22, 2026
$499,900

588 Island 1040

Georgian Bay (Baxter), ON P0E 1E0

Detached House SoldNot available

Property not available for sale or for rent.

Sell with HOMEH

HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.

Free Home EvaluationHow Much Is My Home Worth?Homes for Sale Nearby

Sale & Price History for 588 Island 1040, Georgian Bay, Baxter

2026-06-30
2026-07-22
Sold
Price
Login to See Prices
MLS#
x13505398

Real estate boards require you to or to see the full details of this property.

*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 588 Island 1040, Georgian Bay, Baxter

Summarized Description

  • Rare family legacy cottage on Georgian Bay
  • 1.79 acres with 255 feet of waterfront
  • Two newer bunkies for guests
  • Includes boat ramp and expansive docks
  • Screened-in porch for summer evenings
  • Minutes from marinas and restaurants
  • Timeless charm with modern improvements
  • Perfect for creating family traditions

Welcome to Little Beausoleil Island, a rare family legacy cottage on the spectacular shores of Georgian Bay. Lovingly owned and cherished by the same family since the 1960s, this special waterfront retreat has been thoughtfully improved over the years while preserving its timeless cottage charm. Set on an exceptional 1.79-acre property with 255 feet of pristine waterfront, the main cottage features a welcoming living room with a cozy wood stove, kitchen, 4-piece bathroom, two bedrooms, and a screened-in porch perfect for relaxing summer evenings. Two newer bunkies provide plenty of space for family and guests-one with two beds, and the second offering two beds plus its own screened-in porch-comfortably sleeping 7-10+ people. Enjoy effortless waterfront living with a level walk to expansive docks, two sandy beach areas, deep water at the dock, and an included boat ramp with rollers, making it easy to launch and enjoy your watercraft. A large storage shed provides ample room for all your cottage essentials. Conveniently located on Little Beausoleil Island, just minutes from marinas, the boat launch, restaurants, and grocery stores, this is an extraordinary opportunity to own a beloved Georgian Bay retreat where memories have been made for generations and where your family can begin creating traditions of its own.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,591
Land Transfer Tax Fee
$6,473

Rental Items

Rental Equipment
None
Under Contract
None

Basement Type
None

Interior Features

Interior Extras
Water Heater Owned
View
Bay
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Porch, Recreational Area, Seasonal Living
Pool
None
Property Features
Island, Marina, Waterfront
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Wood
Roof
Asphalt Shingle
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
255.00 ft
Lot Depth
398.00 ft
Lot Size
1.79
Lot Shape
Irregular

Inclusions

Inclusions
Refrigerator, Stove, Microwave, Freezer, Boat Ramp w/ Rollers, Docks. Furniture can be included.

Exclusions

Exclusions
Personal Items, Furniture in porch of back bunkie.

Parking & Garages

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

Heating & Cooling

Heat Source
Wood
Heat Type
Other
Air Conditioning
None
Water
Other
Sewers
Septic

Bedrooms
4
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece, Main

Municipality
Georgian Bay
Neighbourhood
Baxter
Main cross streets
Main Channel, Island 1040
Directions
By Boat - (Little Beausoleil) Main Channel across from Deer Island
Waterfront
Direct

MLS® number
X13505398
Data source
Toronto Regional Real Estate Board
Status change
2026-07-22
Listed on
2026-06-30
Days on market
22 days
Possession type
Immediate
Co-op commission
3%
Seller
Listed by
KELLER WILLIAMS EXPERIENCE REALTY

Home Market Value

Current home valuation for 588 Island 1040, Georgian Bay, Baxter, Georgian Bay, ON. Listed for $499,900

HOMEH Estimate

?

$440,000

Estimated Sales Range

?

$357,628 - $522,372

HOMEH Estimate for 588 Island 1040, Georgian Bay, Baxter

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

$440,000Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Approximate location — on this street
Get Directions

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Georgian Bay, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,996$13,947$11,898$0
=Total mortgage
$493,901$463,857$436,813$399,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,411monthly$2,265monthly$2,133monthly$1,953monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,473

Total Land Transfer Tax

$6,473

Around this home

0/100Loading...
0/100Loading...
0/100Loading...
Map unavailable

No schools found nearby

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.