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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@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 14 days

    1 Island 2SL Island

    Morrison·Gravenhurst, ON·P1P 1R1·Near Sparrow Lake

    • 6 beds
    Gravenhurst real estate›X13221062
    • 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

    Paradise Found! This whole island on Sparrow Lake is the perfect setting for making core family memories. Featuring 3 unique and separate cabins each offering two bedrooms, living spaces and endless views! The privacy, topography and location of this island make it an amazing escape from the everyday. Massive sunset views, so many private spots to sit and disconnect and easy access with a short boat ride to Marinas and landings. Sparrow lake is part of the Trent-Severn waterway providing great boat watching, access to Georgian Bay, Lake Couchiching/Simcoe and much more. Ernest Island has been family owned for decades and is well set up for hosting the extended family with private spaces for everyone. Included are two different docking areas, lots of storage in multiple outbuildings, firepit and gardening areas and so much more. Come and experience this one for yourself.

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

    AI highlights by Zara
    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 1, 2026ListedCurrentFor sale$699,900 —X13221062This page
    Mar 25, 2026Previously listedExp$699,900 —X12918850View
    Jul 4, 2025Previously listedExp$699,900 —X12262111View
    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
      Other
      Air conditioning
      Wall Unit(s)
      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 Island 2SL Island
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Island
    • Lake/Pond
    • 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
    $3,438
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $289
    0.50% 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
      $961,376
      Last 30 days
    • Median sold price
      $735,000
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      58
      MLS® transactions
    Full Gravenhurst market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1 Island 2SL 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 Island 2SL 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 Island 2SL Island listed for?

      1 Island 2SL Island is listed at $699,900 on the MLS® (listing X13221062). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1 Island 2SL 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
    $699,900
    $0 / sqft · MLS® X13221062
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,480,519
    $1,362,078Confidence range$1,598,961
    Asking vs estimate
    ↓below
    −$780,619
    (-52.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Gravenhurst sell in about 41 days — this one has been listed 14 days.

    Avg sold price
    $961,376
    Median sold
    $735,000
    Avg days on market
    41
    Recently sold
    58
    See comparable sales
    This whole island on Sparrow Lake is the perfect setting for making core family memories.
  7. Featuring 3 unique and separate cabins each offering two bedrooms, living spaces and endless views!
  8. Massive sunset views, so many private spots to sit and disconnect and easy access with a short boat ride to Marinas and landings.
  9. Included are two different docking areas, lots of storage in multiple outbuildings, firepit and gardening areas and so much more.
  10. Ask Zara a follow-up
    Septic
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    0
    Driveway
    None
  12. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    2
    Total rooms
    10
    Laundry level
    Main Level
  13. Exterior & construction

    6
    Exterior
    Vinyl Siding, Wood
    Roof
    Asphalt Shingle
    Foundation
    Piers, Other
    View
    Bay, Lake, Water
    Waterfront
    Y
    Pool
    None
  14. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  15. Waterfront
  16. Combined estimate
    $3,727
    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
    $3,438
    /mo
    based on the purchase price of $699,900
    $139,980 cash
    $559,920 financed
    $471,600 total interest
    Monthly payment$3,438/ month
    Principal54%$559,920
    Interest46%$471,600

    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.

    • 51 Pinetree Road
      Sold
      Sign in for price
      51 Pinetree Road
      Detached
    • 305 Wapaska Crescent
      Sold
      Sign in for price
      305 Wapaska Crescent
      Detached
    • 1025 Davis Drive
      Sold
      Sign in for price
      1025 Davis Drive
      Detached
    • 811 BAY Street
      Sold
      Sign in for price
      811 BAY Street
      Detached
    • 945 MUSKOKA BEACH Road
      Sold
      Sign in for price
      945 MUSKOKA BEACH Road
      Detached
    • 1335 NARROWS Road
      Sold
      Sign in for price
      1335 NARROWS Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1 Island 2SL IslandThis home6 / 211,001,500$699,900ask———
    51 Pinetree Road7 / 31,500—
    305 Wapaska Crescent5 / 53,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Gravenhurst

    Active listings within ±20% of this asking price.

    • 571 David Street
      $695,000
      571 David Street
      Detached 6 2
    • 10 Thain Street
      $829,900
      10 Thain Street
      Detached 5 4
    • 280 Private Street
      $827,000
      280 Private Street
      Detached 5 4
    • 1046 Southwood Road
      $674,900
      1046 Southwood Road
      Detached 5 2
    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 Lakes Of Muskoka Realty · displayed on Summitly per MLS® data-share rules

    1 Island 2SL Island is a 6-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1 Island 2SL Island built?

    The year built for 1 Island 2SL Island isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  22. What is the property tax for 1 Island 2SL Island?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1 Island 2SL Island plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1 Island 2SL Island?

    The affordability calculator on this page shows an estimated monthly mortgage for $699,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1 Island 2SL Island been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1 Island 2SL 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 Island 2SL Island in?

    1 Island 2SL Island is in Morrison, Gravenhurst. The 'Neighbourhood' section below links to the live Gravenhurst real estate hub with average sold price, days on market, and current inventory.

  26. 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.

  27. 1025 Davis Drive
    5 / 3
    3,000
    —
    811 BAY Street6 / 33,000—
    945 MUSKOKA BEACH Road5 / 42,000—
    1335 NARROWS Road6 / 63,000—