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834 Eastshore Road, Georgian Bay, ON P0C 1A0

3 beds · 1 bath · 1 kitchen · 7 rooms · 6 parking spaces · 700-1100 sq ft · Laundry on the main level level · Detached
$999,000
Property tax
$3,968 / year

Discover the beauty of Gibson Lake from this exceptional western-exposure property offering 374 feet of pristine waterfront, much of it sandy, with outstanding swimming and water sports right off the large, deep-water dock. The fully renovated, modern cottage features an inviting open-concept kitchen, living, and dining area, all oriented toward panoramic lake views with a walkout to the expansive lakeside deck. The living room includes a stylish electric fireplace, and a heat pump provides efficient heating and air conditioning for comfort throughout the season. There are three bedrooms, including a serene primary suite with its own walkout to the deck and unobstructed lake views. The cottage also includes a 3-piece washroom with a full shower, along with in-cottage laundry for added convenience. A fully integrated auto-start generator ensures uninterrupted power during any hydro outage. Outdoors, the property showcases extensive landscaping with a beautiful blend of natural and perennial gardens. Additional sheds provide ample storage for tools, toys, and seasonal equipment. Currently enjoyed as a three-season cottage, the property can be easily converted to a year-round residence with minimal upgrades. Located on a year-round private road, you'll enjoy quick access to town amenities including shopping, restaurants, and medical services. Gibson Lake is a true four-season playground, ideal for boating, fishing, hiking, ATVing, snow skiing, ice fishing, and snowmobiling. OFSC trails are nearby, and a public boat launch and baseball diamond are just down the lake. With convenient access off Highway 400 and only 1 hour and 40 minutes from the GTA, this is the perfect retreat for families seeking both tranquility and accessibility. A rare opportunity to own a beautifully updated cottage on one of the region's most desirable lakes - ready to enjoy today and full of potential for tomorrow.

MLS number
X13542062
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0C 1A0
Photos
50
Laundry
Main Level level
66days · 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 672 people.

$83,000Median household income
85.9%Own their home
100%Detached houses
59.6Median age
9.4%Born outside Canada
29.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440221 — the few blocks around this address, home to 672 people. It describes the area, not this property.

672Population
52.9Average age
2Household size
$119,000Average household income
$83,000Median household income
86%Own their home
14%Rent
0%Condominiums
9%Born outside Canada
30%University degree
$1,210,000Average home value
14%Low income
82%Not in the labour force
19%Never married
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over29%
$100,000 to $124,9998%
$125,000 to $149,9992%
$150,000 to $199,9997%
$200,000 and over12%

Percentages are of the 450 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.

$199,800 · minimum here is $74,900
$4,423.36per month
Borrowed before insurance$799,200
Total borrowed$799,200
Interest over 25 years at 4.5%$527,807

If you rented it out

-$4,754.02per month out of pocket
Rent$0.00
Everything it costs to hold$4,754.02
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.