WOWWWW.................Amazingggggg opportunity to own your own island. Beautiful property overlooking the lake from every angle. Enjoy swimming, fishing, boating to entertainment near by. Island property being sold with detached garage on hewit street. Dock access at hewitt street. **EXTRAS** Everything for your comfort
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,000 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1 Island Island
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1 Island Island Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,439
/mo
based on the purchase price of $699,999
$140,000 cash
$559,999 financed
$471,666 total interest
Principal54%$559,999
Interest46%$471,666
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Gravenhurst
Other 3–4 bed homes for sale in Gravenhurst around $700K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio94.2%On average, homes sold below asking.
Active listings304Homes for sale here right now.
Median vs prior 90 days−5.9%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 94 sales from Jul 23 – Oct 21, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1 Island Island
How much is 1 Island Island listed for?
1 Island Island is listed at $699,999 (MLS® X8312392). Summitly updates the price as soon as the MLS® record changes.
Is $699,999 a good price for 1 Island Island?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Gravenhurst. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1 Island Island changed?
Yes — it was first listed at $499,999 and is now $699,999, an increase of $200,000 (40.0%).
How many bedrooms and bathrooms does 1 Island Island have?
1 Island Island has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Gravenhurst.
How much would the monthly mortgage be on 1 Island Island?
About $3,439 a month — principal and interest on $699,999 with 20% down ($140,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1 Island Island compare with other homes in Gravenhurst?
Its asking price of $699,999 is about 9% above the median sold price in Gravenhurst over the last 90 days, $644,500, across 94 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 Island Island been sold before?
Summitly has no earlier MLS® sale or lease of 1 Island Island on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Island Island?
1 Island Island is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Island Island been on the market?
899 days — 1 Island Island was listed on May 5, 2024.
What is the price per square foot of 1 Island Island?
About $636 to $1,000 per square foot: the asking price of $699,999 over the 700–1,100 sq ft the listing gives as its size range.
Does 1 Island Island have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 1 Island Island have a basement, and is it finished?
