
3 Island 2ML
Gravenhurst (Wood, Gravenhurst), ON P0E 1G0
- 3Bedrooms
- 1Bathroom
- 1Garage
- 700–1100Sq Ft
- $3,024Tax
- 330×255 ftLot Size
- Estimated Value:$1,005,603See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 3 Island 2ML, Gravenhurst, Wood (Gravenhurst)
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-22 | 2025-06-12 | Login to See Prices | Sold | x12164679 |
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About 3 Island 2ML, Gravenhurst, Wood (Gravenhurst)
Escape to beautiful Morrison Lake! Just 90 minutes from the GTA; come discover a classic waterfront cottage with over 300 feet of shoreline, a natural sand beach, and deep water off the dock. Set on a gentle treed slope, the large deck offers wide lake views and a peaceful setting that feels like a true retreat. This three-bedroom, one-bathroom cottage is simple, well-kept, and made for easy weekends at the lake with friends or family. A separate bunkie offers extra space for sleeping, or a quiet place to work. The outdoor shower adds to the charm. Recent upgrades include a new septic in 2018, and in 2020, a new roof was installed on the cottage and guest bunkie and a new submersible pump was added. This island property is easily accessible with a quick five-minute boat ride to the dock. Deeded shared ownership of mainland property provides ample parking for cars and boats at 1184 South Morrison Lake Road. Furniture, 14' aluminum boat with motor, 2 kayaks, canoe and paddle boat included. With 10 kilometres of shoreline to explore and depths reaching up to 55 feet, Morrison Lake is ideal for swimming, paddling, fishing, and slow evenings by the fire.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,024
- Land Transfer Tax Fee
- $11,655
Rental Items
- Under Contract
- None
- Basement Type
- None
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Water Heater Owned, Central Vacuum
- View
- Lake
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood Stove
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Wooded/Treed, Waterfront, Island, Golf
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Other
- Roof
- Asphalt Shingle
- Foundation Details
- Piers, Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 330.00 ft
- Lot Depth
- 255.00 ft
- Lot Size
- 1.98
Inclusions
- Inclusions
- Furniture, Fridge, Stove, Stacked Washer and Dryer. Additional Inclusions: 14 ft aluminum boat with motor, Hurricane Kayaks (14 ft and 12.5 ft), Paddle Boat, Fibreglass Canoe
Exclusions
- Exclusions
- Personal Items, Pottery, Stained Glass, Art, Water Skis, Wakeboard, Blue Arm Chair, Leaf Blower, Whipper Snipper, 1 Bar Fridge, Sonos Speakers, Black Candle Holders, Pontoon Boat.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Wood
- Heat Type
- Other
- Air Conditioning
- None
- Water
- Other
- Sewers
- Septic
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level, 3 Pc Bath
Washrooms
- 3-piece, Main
- Municipality
- Gravenhurst
- Neighbourhood
- Wood (Gravenhurst)
- Main cross streets
- Beiers and South Morrison Lake Rd
- Zoning
- RW-6
- Directions
- Highway 11 to Beiers Rd, take a slight left turn onto South Morrison Lake Rd to 1184.(Shared docks). Boat to Island 2ML, 911 sign 2ML3.
- Waterfront
- Direct
- MLS® number
- X12164679
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-12
- Listed on
- 2025-05-22
- Days on market
- 21 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- Johnston & Daniel Rushbrooke Realty
Home Market Value
Current home valuation for 3 Island 2ML, Gravenhurst, Wood (Gravenhurst), Gravenhurst, ON. Listed for $759,000
HOMEH Estimate
$1,005,603
Estimated Sales Range
$794,426 - $1,216,780
HOMEH Estimate for 3 Island 2ML, Gravenhurst, Wood (Gravenhurst)
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $259,000 over $500K
$50,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $28,296 | $21,176 | $18,064 | $0 |
=Total mortgage | $735,684 | $704,276 | $663,214 | $607,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,592monthly | $3,439monthly | $3,238monthly | $2,965monthly |
Land Transfer Tax
$11,655
$11,655
Around this home
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