1 Island 20LM Island, Gravenhurst, ON P1P 1R2
Muskoka (S), Gravenhurst · Near island · View map
About this home
First time offered in over seven decades! South Lake Muskoka, this Java Island property features 460 feet of gentle unblemished shoreline and approximately 1 acre of land prime for redevelopment. It is time for a new family to start making their own cherished memories. Adjacent proeprty - Lot 2 is also available for sale.
The home
- Type
- Waterfront cottage
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Lot size
- 460 x 115.6 ft
- Faces
- North
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Wood
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $4,326/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- island
- Neighbourhood
- Muskoka (S)
More
- Price per sq ft
- ~$832 (at 900 sq ft)
- MLS® number
- X13247020
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1 Island 20LM Island, Gravenhurst, ON P1P 1R2
Muskoka (S), Gravenhurst · Near island
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Listing history for 1 Island 20LM Island
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1 Island 20LM Island
Answers come straight from this home’s MLS® listing.
How much is 1 Island 20LM Island listed for, and what would it cost each month?
1 Island 20LM Island is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,382 a month, all in. That figure is an illustration, not a quote.
Is 1 Island 20LM Island freehold or a condo, and is there a monthly fee?
1 Island 20LM Island is a waterfront cottage in Muskoka (S), Gravenhurst. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1 Island 20LM Island have?
1 Island 20LM Island has 2 bedrooms and 1 bathroom. The listing gives the style as bungalow.
Does 1 Island 20LM Island have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 1 Island 20LM Island have a finished basement?
No. The listing shows no basement for this home.
What style of home is 1 Island 20LM Island?
1 Island 20LM Island is a waterfront cottage. A waterfront cottage has its own shoreline on a lake, river or bay, so the frontage, the shoreline and the way it faces matter as much as the building.
How big is 1 Island 20LM Island, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 460 x 115.6 ft.
How is 1 Island 20LM Island heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 1 Island 20LM Island?
Property taxes are $4,326 a year (2025), or about $361 a month.
Where is 1 Island 20LM Island?
1 Island 20LM Island is in the Muskoka (S) community of Gravenhurst. The nearest main intersection is island. The postal code is P1P 1R2.
Is 1 Island 20LM Island still for sale?
Yes. It is an active listing (MLS® X13247020). Listings here update from the board through the day and come down once a home sells.
What are similar cottages near 1 Island 20LM Island asking?
Similar cottages for sale nearby right now include 230 Lakeview Avenue at $799,900 (2+1 bed), 1100 Hewitt Street at $649,500 (2 bed) and 1029 Sprunt Lane at $729,999 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1 Island 20LM Island sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1 Island 20LM Island?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar cottages nearby
More cottages for sale near Muskoka (S), picked by style, size and price.
Waterfront cottage$799,900230 Lakeview Avenue, Gravenhurst2+1 bed · 3 bath · Muskoka (S)Courtesy of: Royal LePage Lakes Of Muskoka RealtyView home →
Waterfront cottage$649,5001100 Hewitt Street, Gravenhurst2 bed · 1 bath · Muskoka (S)Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.View home →
Waterfront cottage$729,9991029 Sprunt Lane, Gravenhurst3 bed · 1 bath · Muskoka (S)Courtesy of: Royal LePage Lakes Of Muskoka RealtyView home →Courtesy of: Chestnut Park Real Estate
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.