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For saleListed Nov 5MLS® X12511512

2 Island 2890, Georgian Bay, ON P0E 1E0

Gibson, Georgian Bay · Near BY BOAT ONLY · View map

$899,000
2Beds
2Baths
700–1100Sq ft
1 1/2 storeyType
NoneParking
$5,438/yrTaxes
Call / Text Will
$899,000
FreeholdNo monthly condo fee
WaterfrontOn the water
FireplaceCozy winters

About this home

Nestled in the heart of Cognashene, lies a stunning 2-acre island in a private bay with only 3 other cottages separated by crown land. Enjoy the tranquility and stellar sunsets from an extremely well appointed 2-bedroom cottage with large loft and open concept living / kitchen. Only a few steps across the sun deck, there's a private guest cabin so family and company will have their own space. A short walk down a rocky path gets you to yet another small Bunkie for additional sleeping. A deep water dock provides sheltered mooring for a large boat and offers great swimming and fishing. This pristine and unique Island getaway has been a well loved home away from home for a wonderful local family for more than two generations, and they are leaving the place in perfect condition for a new family like yours. Access is available by boat, airboat and snowmobile from Honey Harbour.

The home

Type
1 1/2 storey
Style
1 1/2 Storey
Square footage
700-1100 sq ft
Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
7
Basement
None
Faces
West
View
Forest, Lake, Water, Trees/Woods

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Wood

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Fireplace
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,438/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
BY BOAT ONLY
Neighbourhood
Gibson

More

Price per sq ft
~$999 (at 900 sq ft)
Listed
Nov 5, 2025 · 342 days ago
MLS® number
X12511512

The home and its surroundings

  • Water Heater Owned
  • Water Treatment
  • Island
  • Lake Access
  • Lake/Pond
  • Wooded/Treed
  • Waterfront
  • Porch
Want to know something that isn’t listed?
Estimated monthly cost$4,079per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    2 Island 2890 N/A, Georgian Bay, ON P0E 1E0

    Gibson, Georgian Bay · Near BY BOAT ONLY

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    Sold history

    Listing history for 2 Island 2890 N/A

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 2 Island 2890

    Answers come straight from this home’s MLS® listing.

    How much is 2 Island 2890 listed for, and what would it cost each month?

    2 Island 2890 is listed for $899,000. With 20% down ($179,800), the mortgage payment would be roughly $3,626 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,079 a month, all in. That figure is an illustration, not a quote.

    Is 2 Island 2890 freehold or a condo, and is there a monthly fee?

    2 Island 2890 is a 1 1/2 storey in Gibson, Georgian Bay. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 2 Island 2890 have?

    2 Island 2890 has 2 bedrooms and 2 bathrooms.

    Does 2 Island 2890 have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 2 Island 2890 have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 2 Island 2890?

    2 Island 2890 is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.

    How big is 2 Island 2890?

    The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 2 Island 2890 heated and cooled?

    Heating is baseboard (electric). The listing does not show air conditioning.

    What are the property taxes for 2 Island 2890?

    Property taxes are $5,438 a year (2025), or about $453 a month.

    Where is 2 Island 2890?

    2 Island 2890 is in the Gibson community of Georgian Bay. The nearest main intersection is BY BOAT ONLY. The postal code is P0E 1E0.

    How long has 2 Island 2890 been on the market?

    2 Island 2890 was listed on November 5, 2025. It has been on the market for 342 days. It is an active listing (MLS® X12511512). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 2 Island 2890 asking?

    Similar bungalow-style homes for sale nearby right now include 7772 Island 1810/Bone Island at $729,000 (2 bed), 111 Evergreen Lane at $824,900 (3 bed) and 26 Macey Bay Road at $799,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 2 Island 2890 N/A sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2 Island 2890?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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