Was listed for:Terminated 18 days ago
$649,900

1 Island 2SL

Gravenhurst (Morrison), ON P1P 1R1

Detached House TerminatedNot available

Property not available for sale or for rent.

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Sale & Price History for 1 Island 2SL, Gravenhurst, Morrison

2026-08-19
2026-09-30
Terminated
Price
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MLS#
x13690910
2026-06-01
2026-08-15
Expired
Price
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2026-03-25
2026-05-26
Expired
Price
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2025-07-04
2025-09-04
Expired
Price
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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 1 Island 2SL, Gravenhurst, Morrison

Summarized Description

  • Own a private island on Sparrow Lake.
  • Three cabins with two bedrooms each.
  • Stunning lake and sunset views.
  • Convenient boat access with two docks.
  • Ideal for family gatherings and relaxation.
  • Multiple outbuildings for storage and gardening.
  • Access to Trent-Severn Waterway for exploration.
  • Recently reduced price for quick sale.

PARADISE FOUND - YOUR OWN PRIVATE ISLAND ON SPARROW LAKE! Imagine summers spent surrounded by water, spectacular sunsets and the people who matter most. Ernest Island is a truly special opportunity to own an entire private island on beautiful Sparrow Lake, offering the perfect setting for unforgettable family memories and a genuine escape from the everyday. Family-owned for decades, this unique property features three separate and private cabins, each with two bedrooms, comfortable living spaces and endless lake views. The thoughtful layout makes it ideal for extended family and guests, giving everyone their own space while still bringing everyone together in one extraordinary setting. The island's privacy, natural topography and stunning waterfront create countless opportunities to relax and disconnect. Enjoy massive sunset views, find your own favourite spot along the shoreline, gather around the firepit, or spend the day on the water. With two separate docking areas, easy boat access and a short ride to nearby marinas and landings, getting to and from the island is wonderfully convenient. Sparrow Lake is part of the Trent-Severn Waterway, offering boat access toward Georgian Bay, Lake Couchiching, Lake Simcoe and beyond - making this an exceptional base for exploring the surrounding waterways. The property is also exceptionally well equipped for island living, with multiple outbuildings providing plenty of storage, along with gardening areas, a firepit and numerous spaces to simply enjoy the outdoors. For those looking to make this summer the one they finally make the move, Ernest Island is now offered at a newly reduced price as part of an end-of-season opportunity. A rare chance to step into a property like this - without waiting for another season. Come experience Ernest Island for yourself and discover why some places are more than a cottage - they become part of the family story.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,465
Land Transfer Tax Fee
$9,473

Rental Items

Rental Equipment
None

Basement Type
None

Interior Features

Laundry Level
Main Level
Interior Extras
Guest Accommodations, Primary Bedroom - Main Floor
View
Bay, Lake, Water
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Privacy, Porch
Pool
None
Property Features
Clear View, Island, Lake/Pond, Marina, Waterfront
Other Structures
Shed, Workshop

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding, Wood
Roof
Asphalt Shingle
Foundation Details
Piers, Other
Special Designation
Unknown

Lot

Lot Front
705.00 ft
Lot Size
0.75
Lot Shape
Irregular

Inclusions

Inclusions
See Schedule "C"

Exclusions

Exclusions
See Schedule "C"

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
Wall Unit(s)
Water
Other
Sewers
Septic
Hydro
Yes

Bedrooms
6
Washrooms
2
Kitchens
2

Washrooms

  • 4-piece
  • 2-piece

Municipality
Gravenhurst
Neighbourhood
Morrison
Main cross streets
Sparrow Lake
Directions
By boat from Franklin Park to Ernest Island
Waterfront
Direct

MLS® number
X13690910
Data source
Toronto Regional Real Estate Board
Status change
2026-09-30
Listed on
2026-08-19
Days on market
42 days
Possession type
Flexible
Co-op commission
2.5% plus HST
Seller
Listed by
Royal LePage Lakes Of Muskoka Realty

Home Market Value

Current home valuation for 1 Island 2SL, Gravenhurst, Morrison, Gravenhurst, ON. Listed for $649,900

HOMEH Estimate

?

$649,900

Estimated Sales Range

?

$513,421 - $786,379

HOMEH Estimate for 1 Island 2SL, Gravenhurst, Morrison

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

$649,900Medium confidence
Based on 3 comparable properties
$0 (0%) matches our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Gravenhurst, ON
Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $149,900 over $500K

Minimum down payment

$39,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$24,384$18,132$15,468$0
=Total mortgage
$633,990$603,042$567,883$519,920
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Payment frequency
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$3,095monthly$2,944monthly$2,773monthly$2,539monthly
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Land Transfer Tax

Provincial

$9,473

Total Land Transfer Tax

$9,473

Around this home

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Muskoka Beechgrove

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