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4 Is 40 Go Home Lake, Georgian Bay, ON P0C 1H0

3 beds · 1 bath · 1 kitchen · 9 rooms · 1100-1500 sq ft · Laundry on the main level level · Detached
$769,000
Property tax
$3,155 / year

Discover an exceptional island retreat on beautiful Whale Back Island in Crystal Bay, offering two separate waterfront exposures - a sun-soaked south shore with sandy beach and a scenic northwest shoreline perfect for sunsets. With 320 feet of total frontage and a level 0.85-acre lot, this property delivers rare usability, privacy, and year-round enjoyment. The renovated three season cottage features an inviting open-concept layout combining the living room, kitchen, and sunroom. The kitchen includes a centre island, double sink, and mostly stainless-steel appliances. The living room offers a cozy wood stove and walkout to the deck, while the sunroom provides panoramic lake views and its own walkout. There are 3 comfortable bedrooms, including a primary with direct ground-level access, plus a large 3-piece bath and convenient main-floor laundry. Outdoor living shines here: expansive lakeside decking, a charming gazebo, and a large, level yard ideal for family activities. The south-facing sandy beach offers gentle, kid-friendly entry, while the docks provide ample depth for boating. Enjoy two docks-an older secondary dock and a newer, oversized L-shaped dock with plenty of room for entertaining, swimming, and water sports. Located just an 8-minute boat ride from the marina and approximately 1.5 hours from the GTA, this island getaway is close to nearby towns for shopping, dining, and amenities. A rare opportunity to own a beautifully improved, highly usable island property on sought-after Go Home Lake.

MLS number
X13436058
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0C 1H0
Photos
31
Laundry
Main Level level
93days · 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.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Mactier Public School
Near North DSB
Elementary1.3 kmNot reported

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 652 people.

$60,400Median household income
80%Own their home
89.8%Detached houses
46.4Median age
2.8%Born outside Canada
7.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440260 — the few blocks around this address, home to 652 people. It describes the area, not this property.

652Population
44Average age
2.2Household size
$72,000Average household income
$60,400Median household income
80%Own their home
20%Rent
0%Condominiums
3%Born outside Canada
7%University degree
$444,000Average home value
17%Low income
82%Not in the labour force
27%Never married
$10,000 to $14,9993%
$15,000 to $19,9991%
$20,000 to $24,9994%
$25,000 to $29,9993%
$30,000 to $34,9995%
$35,000 to $39,9997%
$40,000 to $44,9997%
$45,000 to $49,9994%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over20%
$100,000 to $124,99912%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over4%

Percentages are of the 375 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.

$153,800 · minimum here is $51,900
$3,404.97per month
Borrowed before insurance$615,200
Total borrowed$615,200
Interest over 25 years at 4.5%$406,290

If you rented it out

-$3,667.88per month out of pocket
Rent$0.00
Everything it costs to hold$3,667.88
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 Sotheby's International Realty Canada. Listing data provided by the Toronto Regional Real Estate Board.