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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 109 days

    1 B721 Galt Island

    Archipelago·The Archipelago, ON·P2A 2X4·Near Bowes Rd & Great North Road, Parry Sound

    • 2 beds
    The Archipelago real estate›X12853488
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Galt Island, a lushly treed 2.8-acre island could be one of Georgian Bay's best kept secrets; two self-contained cottages, two lovely sand beaches, natural sheltered harbours on each side of the island, two boat houses plus additional utility structures; and, only 5 minutes from full-service marinas in Parry Sound. The architecturally designed 2-bedroom Main Cottage is sited atop a granite ridge affording spectacular elevated views of the South Channel and Five Mile Bay. Steps down from the main cottage stone lead past a hot tub deck to large stone patio and on toa welcoming 560sqft 3-bed 1-bath Guest Cottage. The legal non-conforming full kitchen allows for family or guests to be fully self-sufficient. A network of stone pathways continues past a flourishing vegetable garden, along perennial pocket gardens and down to a large granite flag stone terrace. The waterside patio, ideal for entertaining 'al fresco' overlooks a sheltered harbour with an 820sq.ft. Boat House and a recently installed system of 'state of the art' Kropf docks, decks and slips. A 650sqft Marine Shed/Workshop with a ramp/rail/launch system is sited farther along the shoreline with Mechanical Storage Shed nearby. On the deep water west side of the island, a concrete 'hydro' dock supports a pump house and high and shallow diving boards. Groomed trails traverse the forest leading to two sand beaches one, Caribbean cove-like oriented to the south, the other beach facing North. The cottages are solid & masterfully built and the property has been impeccably maintained. Most of the buildings and docks are wheel chair accessible. Galt Island is close to superb fishing and a mere 5 minutes by boat to Glen-Burney Marina for in town provisioning, dining out, access to exceptional golf courses and home of the renowned "Festival of the Sound" summer music festival.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Mar 6, 2026ListedCurrentFor sale$1,885,000 —X12853488This page
    May 31, 2025Previously listedExp$2,150,000 —X12189632View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Baseboard
      Air conditioning
      None
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1 B721 Galt Island
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Clear View
    • Island
    • Marina
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $9,260
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $491
    0.31% mill rate · ON
    The market

    How this home sits in the The Archipelago market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The The Archipelago market right now

    Average sold price, days on market, and closed-transaction count for The Archipelago — sourced from MLS®.

    • Avg sold price
      $1,008,333
      Last 30 days
    • Median sold price
      $945,000
      Middle of the market
    • Days on market
      34 d
      Avg from list to close
    • Closed last 30d
      12
      MLS® transactions
    Full The Archipelago market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1 B721 Galt Island — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1 B721 Galt Island and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1 B721 Galt Island listed for?

      1 B721 Galt Island is listed at $1,885,000 on the MLS® (listing X12853488). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1 B721 Galt Island have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 2000-2500 sqft
  3. Detached
  4. Built 51-99
  5. 2-4.99 ac lot
  6. Asking
    $1,885,000
    $0 / sqft · MLS® X12853488
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $736,083
    $677,196Confidence range$794,970
    Asking vs estimate
    ↑↑well-above
    +$1,148,917
    (+156.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in The Archipelago sell in about 34 days — this one has been listed 109 days.

    Avg sold price
    $1,008,333
    Median sold
    $945,000
    Avg days on market
    34
    Recently sold
    12
    See comparable sales
    AI highlights by Zara
    • Steps down from the main cottage stone lead past a hot tub deck to large stone patio and on toa welcoming 560sqft 3-bed 1-bath Guest Cottage.
    • The legal non-conforming full kitchen allows for family or guests to be fully self-sufficient.
    • The waterside patio, ideal for entertaining 'al fresco' overlooks a sheltered harbour with an 820sq.ft.
    • Boat House and a recently installed system of 'state of the art' Kropf docks, decks and slips.
    Ask Zara a follow-up
    Other
    Sewer
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    0
    Driveway
    None
  9. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    3
    Accessibility
    Y
  10. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Concrete, Concrete Block
    View
    Bay, Beach, Clear, Forest, Garden, Lake, Panoramic, Trees/Woods, Water
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    51-99
    Zoning
    CR
  12. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Bungalow
    Property class
    Detached
  13. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    10 rooms
    • Bathroom
      4 pc bath · cork floor
      4.8 × 8.1 ft
    • Living Room
      floor/ceil fireplace · hardwood floor · w/o to deck
      23.3 × 17.1 ft
    • Living Room
      Combined w/Kitchen
      15.4 × 11.7 ft
    • Bathroom
      2 pc ensuite · cork floor
      4.4 × 8.1 ft
    • Bedroom 2
      8.2 × 7.7 ft
    • Primary Bedroom
      8.8 × 19.8 ft
    • Bedroom 3
      6.8 × 7.7 ft
    • Bedroom 2
      9.1 × 17.7 ft
    • Bathroom
      3 Pc Bath
      7.2 × 9.5 ft
    • Primary Bedroom
      9.8 × 11.5 ft

    Ground level

    1 room
    • Workshop
      34.5 × 23.7 ft

    Lower level

    3 rooms
    • Kitchen
      cork floor · granite counters · custom backsplash
      13.5 × 9.9 ft
    • Dining Room
      cork floor · w/o to porch · overlook water
      13.5 × 19.2 ft
    • Sunroom
      Overlook Water
      12.3 × 15.9 ft
  14. Terraced
  15. Waterfront
  16. Combined estimate
    $9,751
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $9,260
    /mo
    based on the purchase price of $1,885,000
    $377,000 cash
    $1,508,000 financed
    $1,270,132 total interest
    Monthly payment$9,260/ month
    Principal54%$1,508,000
    Interest46%$1,270,132

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in The Archipelago

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 37 Fox Back Road
      Sold
      Sign in for price
      37 Fox Back Road
      Detached
    • 1 A906 Island
      Sold
      Sign in for price
      1 A906 Island
      Detached
    • 10 Crane Lake Water
      Sold
      Sign in for price
      10 Crane Lake Water
      Detached
    • 1 B649 (Markham) Island
      Sold
      Sign in for price
      1 B649 (Markham) Island
      Detached
    • 397 Healey Lake Water
      Sold
      Sign in for price
      397 Healey Lake Water
      Detached
    • 22 South Crane Lake Road
      Sold
      Sign in for price
      22 South Crane Lake Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1 B721 Galt IslandThis home2 / 320,002,500$1,885,000ask———
    37 Fox Back Road5 / 22,000—
    1 A906 Island2 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in The Archipelago

    Active listings within ±20% of this asking price.

    • 121 Rattlebear Drive
      $2,250,000
      121 Rattlebear Drive
      Detached 3 3
    • 1 B844
      $1,995,000
      1 B844
      Detached 6 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY · displayed on Summitly per MLS® data-share rules

    1 B721 Galt Island is a 2-bedroom, 3-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1 B721 Galt Island built?

    1 B721 Galt Island was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 1 B721 Galt Island?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1 B721 Galt Island plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1 B721 Galt Island?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,885,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1 B721 Galt Island been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1 B721 Galt Island with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 1 B721 Galt Island in?

    1 B721 Galt Island is in Archipelago, The Archipelago. The 'Neighbourhood' section below links to the live The Archipelago real estate hub with average sold price, days on market, and current inventory.

  26. Is The Archipelago a good place to live?

    The Archipelago is one of ON's actively-tracked Summitly markets. The full The Archipelago real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 10 Crane Lake Water
    3 / 1
    700
    —
    1 B649 (Markham) Island3 / 42,500—
    397 Healey Lake Water3 / 1700—
    22 South Crane Lake Road2 / 1700—