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2 Island 5KL Part 2 Burnt Island, Gravenhurst, ON P0E 1G0

1 bed · 1 bath · 1 kitchen · 3 rooms · < 700 sq ft · Detached
$649,000
Property tax
$4,315 / year

Welcome to Burnt island, the second largest island on Beautiful Kahshe Lake that is less than 50% developed gifting a natural paradise of beauty and wildlife. Here you will find the 1st of 2 properties being offered for Sale by the Seller after a generation of enjoyable ownership. This legacy property offers ultimate privacy on 3.65 acres with 912' of sprawling granite shoreline that could be your dream come true. A short 5 min boat ride from either Denne's or Rockhaven marina to the east side of Burnt island feels like a remote retreat that offers some of the most spectacular, undeveloped views of the lake. The uniquely shaped granite shore creates a small cove to tuck away your boat and fasten it securely to the rock shoreline that gently leads you to the property. No need to pace yourself, there is no uphill climb here. Once you arrive, you will experience how private this special spot on the lake truly is. Escape to the simple, rustic 1 bedroom, off the grid cabin to dream and plan your ideal cottage. Inside, the cabin is cozy and spacious with a private bedroom + 2 day beds. Preparing meals on the vintage, wood cooking stove may inspire the creative chef in you as it also warms the space. At night, you can dine by candlelight or hook up the previously used solar panels to power the lamps and charge your phone. A propane powered fridge is surprisingly efficient or if you prefer, there is hydro to the island that can be hooked up. After a day of exploring and hiking your own private acreage as well as the acres of crown land located behind this property, a refreshing swim and a cold drink on the deck will be a worthy treat to end your day on one of the most sought after lakes in Muskoka.This is the perfect property for explorers and those seeking acreage to roam amongst the wildlife. Come see the natural beauty of Burnt Island located only 1.5hrs from the GTA.

MLS number
X13153668
Type
Detached
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
P0E 1G0
Photos
31
Laundry
Not in the unit
117days · 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Gravenhurst304 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$575k$711k$848k20252026this home’s asking price
$706klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d29d59d20252026
23dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in gravenhurst. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 775 people.

$95,000Median household income
96.4%Own their home
86.2%Detached houses
49.2Median age
5.9%Born outside Canada
17.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440254 — the few blocks around this address, home to 775 people. It describes the area, not this property.

775Population
45.2Average age
2.4Household size
$125,000Average household income
$95,000Median household income
96%Own their home
4%Rent
4%Condominiums
6%Born outside Canada
18%University degree
$660,000Average home value
7%Low income
54%Not in the labour force
23%Never married
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over32%
$100,000 to $124,99911%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 485 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.

$129,800 · minimum here is $39,900
$2,873.63per month
Borrowed before insurance$519,200
Total borrowed$519,200
Interest over 25 years at 4.5%$342,889

If you rented it out

-$3,233.21per month out of pocket
Rent$0.00
Everything it costs to hold$3,233.21
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 Chestnut Park Real Estate. Listing data provided by the Toronto Regional Real Estate Board.