Homula Realty Brokerage
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25 Island 20C, Carling, ON P0G 1G0

3 beds · 2 baths · 1 kitchen · 9 rooms · 1500-2000 sq ft · Detached
$974,000
Property tax
$3,571 / year

25 Island 20C-Horse Island. Experience the best of Georgian Bay living at this exceptional turnkey waterfront retreat. Set on a private 1.5-acre lot with 213 feet of pristine shoreline this property offers a rare combination of easy access, outstanding boating and a beautiful north-facing sand beach perfect for swimming, relaxing and family enjoyment. Conveniently located with quick access from nearby marinas, the property features a deep-water dock that easily accommodates both large and small boats making it an ideal base for exploring the world-renowned waters of Georgian Bay. Inside the cottage is thoughtfully designed for comfortable waterfront living. The open-concept kitchen and dining area flow seamlessly into a welcoming sunken living room creating the perfect gathering space for family and friends. Large windows bring in natural light and showcase the surrounding natural beauty. Offering three bedrooms and two full bathrooms there is plenty of room for family and guests. The cottage is being offered turnkey (see chattels list), allowing you to move in and begin enjoying cottage life immediately without the hassle of furnishing or outfitting the property. Whether you're looking for a peaceful family retreat, a boating paradise or a place to create lasting memories on Georgian Bay this well-maintained waterfront property delivers an exceptional opportunity in one of Ontario's most sought-after cottage destinations.

MLS number
X13483332
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P0G 1G0
Photos
50
Laundry
Not in the unit
81days · 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.

Matched to a published address point for this address.

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 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.

$194,800 · minimum here is $72,400
$4,312.66per month
Borrowed before insurance$779,200
Total borrowed$779,200
Interest over 25 years at 4.5%$514,598

If you rented it out

-$4,610.24per month out of pocket
Rent$0.00
Everything it costs to hold$4,610.24
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.