18 5KL Island Kahshe Lake is a 3-bedroom, 1-bathroom detached home in Gravenhurst, listed for $995,000. It has 700-1100 sq ft of living space.
1Experience the charm of island living on beautiful Kahshe Lake.
2Surrounded by stunning 360-degree water views, this unique property offers the perfect setting to enjoy everything Muskoka has to offer.
3Conveniently located just a two-minute boat ride from the mainland, the property includes its own dedicated parking space and private boat dock, making access simple and hassle-free.
Experience the charm of island living on beautiful Kahshe Lake. Surrounded by stunning 360-degree water views, this unique property offers the perfect setting to enjoy everything Muskoka has to offer. The classic Panabode cottage, built in 1965, is full of warmth and character, making it an ideal place to relax, unwind, and create lasting family memories. With water surrounding the property, you'll enjoy peaceful scenery, beautiful sunrises and sunsets, and a true cottage-country atmosphere. Conveniently located just a two-minute boat ride from the mainland, the property includes its own dedicated parking space and private boat dock, making access simple and hassle-free. Whether you're looking for a family cottage, a weekend escape, or a place to experience the beauty of Muskoka, this charming island property offers timeless appeal and an unforgettable waterfront lifestyle.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,421 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 18 5KL Island Kahshe Lake
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
None
Lot & land
Lot size (sqft)
1.5
Listing & possession
Property style
Bungalow
Property class
Detached
18 5KL Island Kahshe Lake Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13518810$995,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 18 5KL Island Kahshe Lake Compares to the Gravenhurst Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$4,888
/mo
based on the purchase price of $995,000
$199,000 cash
$796,000 financed
$670,441 total interest
Principal54%$796,000
Interest46%$670,441
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 2–4 bed homes for sale in Gravenhurst around $995K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio94.1%On average, homes sold below asking.
Active listings301Homes for sale here right now.
Median vs prior 90 days−6.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 93 sales from Jul 24 – Oct 22, 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 18 5KL Island Kahshe Lake
How much is 18 5KL Island Kahshe Lake listed for?
18 5KL Island Kahshe Lake is listed at $995,000 (MLS® X13518810). Summitly updates the price as soon as the MLS® record changes.
Is $995,000 a good price for 18 5KL Island Kahshe Lake?
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 18 5KL Island Kahshe Lake changed?
No — 18 5KL Island Kahshe Lake is still listed at its original asking price of $995,000.
How many bedrooms and bathrooms does 18 5KL Island Kahshe Lake have?
18 5KL Island Kahshe Lake has 3 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 18 5KL Island Kahshe Lake?
About $4,888 a month — principal and interest on $995,000 with 20% down ($199,000), 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 18 5KL Island Kahshe Lake compare with other homes in Gravenhurst?
Its asking price of $995,000 is about 56% above the median sold price in Gravenhurst over the last 90 days, $639,000, across 93 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 18 5KL Island Kahshe Lake been sold before?
Summitly has no earlier MLS® sale or lease of 18 5KL Island Kahshe Lake on record from the last two years. Older records aren't shown under TRREB rules.
Where is 18 5KL Island Kahshe Lake?
18 5KL Island Kahshe Lake is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 18 5KL Island Kahshe Lake been on the market?
111 days — 18 5KL Island Kahshe Lake was listed on July 3, 2026.
What is the price per square foot of 18 5KL Island Kahshe Lake?
About $905 to $1,421 per square foot: the asking price of $995,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 18 5KL Island Kahshe Lake have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 18 5KL Island Kahshe Lake have a basement, and is it finished?
The listing says 18 5KL Island Kahshe Lake has no basement.