Sold for:Sold Jun 12, 2025
$759,000

3 Island 2ML

Gravenhurst (Wood, Gravenhurst), ON P0E 1G0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 3 Island 2ML, Gravenhurst, Wood (Gravenhurst)

2025-05-22
2025-06-12
Sold
Price
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MLS#
x12164679

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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 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.

$1,005,603Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Gravenhurst, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $259,000 over $500K

Minimum down payment

$50,900

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Land Transfer Tax

Provincial

$11,655

Total Land Transfer Tax

$11,655

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