Homula Realty Brokerage
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3 57C Island, Carling, ON P0G 1G0

2 beds · 1 bath · 1 kitchen · 8 rooms · 700-1100 sq ft · Detached
$999,999
Property tax
$7,125 / year

Welcome to a rare opportunity on the iconic shores of Georgian Bay-an exceptional 10-acre retreat on Palestine Island offering privacy, natural beauty and unlimited potential. Set among windswept pines and classic granite landscapes this property captures the rugged charm and timeless appeal that Georgian Bay is known for. A sheltered cove provides a protected area for swimming and boating while long panoramic views stretch across the bay delivering breathtaking sunrises and serene evenings. The property includes three off-grid cabins, each in need of renovation or reimagining-an ideal canvas for those looking to create a custom compound tailored to their vision. Whether restoring the existing structures or designing something entirely new the possibilities here are compelling. Deep water dockage allows for easy access by boat and accommodates larger vessels making weekend escapes or extended stays seamless and enjoyable. Perfect for buyers seeking a legacy property, a family retreat or a getaway to shape over time. This offering blends natural beauty with the opportunity to make it your own.

MLS number
X12914800
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
P0G 1G0
Photos
27
Laundry
Not in the unit
172days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 648 people.

$95,000Median household income
100%Own their home
96.7%Detached houses
57.2Median age
8.4%Born outside Canada
24.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490231 — the few blocks around this address, home to 648 people. It describes the area, not this property.

648Population
51.3Average age
2.2Household size
$122,000Average household income
$95,000Median household income
100%Own their home
0%Rent
0%Condominiums
8%Born outside Canada
25%University degree
$645,000Average home value
9%Low income
88%Not in the labour force
13%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over10%

Percentages are of the 430 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$200,000 · minimum here is $75,000
$4,427.78per month
Borrowed before insurance$799,999
Total borrowed$799,999
Interest over 25 years at 4.5%$528,334

If you rented it out

-$5,021.53per month out of pocket
Rent$0.00
Everything it costs to hold$5,021.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Team Advantage Realty. Listing data provided by the Toronto Regional Real Estate Board.