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

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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 9 days

    1 Diamond Island

    Muskoka (S)·Gravenhurst, ON·P1P 1R3·Near Island

    • 3 beds
    Gravenhurst real estate›X13458660
    • 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

    Welcome to your own private island sanctuary on Lake Muskoka. Offering unmatched privacy, breathtaking west-facing views & spectacular sunsets, this turnkey retreat is located just minutes by boat from Villas Marina & only 2 hrs from the GTA. Privacy is the ultimate luxury for today's waterfront buyer & this exceptional island property delivers it in abundance. Surrounded by water, mature pines, & panoramic lake views, this is a place to truly disconnect while remaining conveniently close to mainland access. Built in 2005, the Viceroy-style cottage features 3 bedrooms and 1.5 bathrooms with soaring vaulted wood ceilings & a bright open-concept design. The Great Room seamlessly blends the kitchen, dining & living areas, while walls of windows frame stunning water views from virtually every room. A wood stove adds warmth & ambiance on those cooler Muskoka evenings. Designed for effortless indoor-outdoor living, the cottage offers a wraparound upper deck perfect for entertaining & a covered lower porch with walkouts from 2 of the bedrooms for quiet mornings overlooking the lake.The property also includes a classic cedar sauna, multiple docks, a 2-slip boathouse, a workshop with potential for additional living space & a rustic bunkie tucked away on the south end of the island. Whether used for guests, hobbies, or storage, these additional structures provide flexibility & future potential. Being sold fully furnished & turnkey, simply arrive with your suitcase & groceries & start enjoying summer immediately. Rarely does a property of this calibre, price & privacy become available on Lake Muskoka. Whether you are seeking a family compound, peaceful getaway, or long-term investment in one of Muskoka's most prestigious waterfront locations, this remarkable island retreat offers the best of Muskoka living. Experience the ultimate combination of privacy, convenience, natural beauty, and timeless cottage charm. Silence, space, and soul...the magic of island life awaits!

    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
    Jun 16, 2026ListedCurrentFor sale$1,895,000 —X13458660This page
    Jul 10, 2025Previously listedExp$1,999,000 —X12280494View
    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

      4
      Heating
      Baseboard
      Air conditioning
      None
      Water source
      Other
      Sewer
    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 Diamond Island
    What's nearby

    Points of interest classified by the MLS® feed.

    • Island
    • Lake Access
    • Marina
    • Wooded/Treed
    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
    $9,310
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $588
    0.37% mill rate · ON
    The market

    How this home sits in the Gravenhurst market

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

    The Gravenhurst market right now

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

    • Avg sold price
      $998,224
      Last 30 days
    • Median sold price
      $735,000
      Middle of the market
    • Days on market
      32 d
      Avg from list to close
    • Closed last 30d
      60
      MLS® transactions
    Full Gravenhurst market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1 Diamond 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 Diamond 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 Diamond Island listed for?

      1 Diamond Island is listed at $1,895,000 on the MLS® (listing X13458660). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1 Diamond 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. .50-1.99 ac lot
  5. Asking
    $1,895,000
    $0 / sqft · MLS® X13458660
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $998,224
    $918,366Confidence range$1,078,082
    Asking vs estimate
    ↑↑well-above
    +$896,776
    (+89.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Gravenhurst sell in about 32 days — this one has been listed 9 days.

    Avg sold price
    $998,224
    Median sold
    $735,000
    Avg days on market
    32
    Recently sold
    60
    See comparable sales
    AI highlights by Zara
    • Offering unmatched privacy, breathtaking west-facing views & spectacular sunsets, this turnkey retreat is located just minutes by boat from Villas Marina & only 2 hrs from the GTA.
    • Surrounded by water, mature pines, & panoramic lake views, this is a place to truly disconnect while remaining conveniently close to mainland access.
    • The Great Room seamlessly blends the kitchen, dining & living areas, while walls of windows frame stunning water views from virtually every room.
    • Silence, space, and soul...the magic of island life awaits!
    Ask Zara a follow-up
    Septic
  7. Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  8. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    7
  9. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Post & Pad, Piers
    View
    Lake, Panoramic, Trees/Woods
    Waterfront
    Y
    Pool
    None
  10. Lot & land

    1
    Zoning
    R1-8A
  11. Listing & possession

    3
    Occupancy
    Seller can close quickly
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 9 rooms

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

    Room dimensions

    Main level

    5 rooms
    • Bedroom 3
      14.3 × 11.3 ft
    • Workshop
      26.5 × 14.0 ft
    • Bedroom 2
      11.5 × 11.1 ft
    • Bathroom
      3 Pc Bath
      8.0 × 7.3 ft
    • Primary Bedroom
      15.1 × 12.2 ft

    Upper level

    4 rooms
    • Bathroom
      2 Pc Bath
      5.0 × 4.3 ft
    • Living Room
      20.1 × 18.8 ft
    • Kitchen
      14.7 × 11.5 ft
    • Dining Room
      11.5 × 11.1 ft
  13. Waterfront
  14. Level
  15. Combined estimate
    $9,898
    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
    $9,310
    /mo
    based on the purchase price of $1,895,000
    $379,000 cash
    $1,516,000 financed
    $1,276,870 total interest
    Monthly payment$9,310/ month
    Principal54%$1,516,000
    Interest46%$1,276,870

    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 Gravenhurst

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

    • 69 WOODMANS CHART
      Sold
      Sign in for price
      69 WOODMANS CHART
      Detached
    • 117 Hedgewood Lane
      Sold
      Sign in for price
      117 Hedgewood Lane
      Detached
    • 970 First Street
      Sold
      Sign in for price
      970 First Street
      Detached
    • 945 First Street
      Sold
      Sign in for price
      945 First Street
      Detached
    • 1010 Tara Lane
      Sold
      Sign in for price
      1010 Tara Lane
      Detached
    • 1016 Bagley Road
      Sold
      Sign in for price
      1016 Bagley Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1 Diamond IslandThis home3 / 211,001,500$1,895,000ask———
    69 WOODMANS CHART2 / 21,100—
    117 Hedgewood Lane2 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Gravenhurst

    Active listings within ±20% of this asking price.

    • 1164 Morrison Lake Road South
      $1,850,000
      1164 Morrison Lake Road South
      Detached 4 2
    • 1037 Rockcastle Road
      $1,599,900
      1037 Rockcastle Road
      Detached 3 3
    • 1018 Georgina Way
      $1,729,000
      1018 Georgina Way
      Detached 3 2
    • 2198 Muskoka Road 169
      $1,899,999
      2198 Muskoka Road 169
      Detached 3 2
    • 1017 Davis Drive
      $1,824,800
      1017 Davis Drive
      Detached 4 4
    • 1030 S Sunset Bay Rd
      $1,599,000
      1030 S Sunset Bay Rd
      Detached 4 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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of Chestnut Park Real Estate · displayed on Summitly per MLS® data-share rules

    1 Diamond Island is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 1 Diamond Island built?

    The year built for 1 Diamond Island isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  21. What is the property tax for 1 Diamond Island?

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

  22. How much would the monthly mortgage be on 1 Diamond Island?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,895,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 1 Diamond Island been sold before?

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

  24. What neighbourhood is 1 Diamond Island in?

    1 Diamond Island is in Muskoka (S), Gravenhurst. The 'Neighbourhood' section below links to the live Gravenhurst real estate hub with average sold price, days on market, and current inventory.

  25. Is Gravenhurst a good place to live?

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

  26. 970 First Street
    2 / 1
    700
    —
    945 First Street2 / 1700—
    1010 Tara Lane3 / 1700—
    1016 Bagley Road3 / 21,100—