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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 34 days

    27 Island 35LM (Miller Island)

    Muskoka (S)·Gravenhurst, ON·P1P 1R2·Near Hwy 169 and Villas Marina

    • 6 beds
    Gravenhurst real estate›X13122580
    • 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

    Start your Muskoka legacy this summer at this idyllic 6-bedroom, 4-bathroom family retreat on desirable Miller Island on Lake Muskoka. Perfectly positioned for breathtaking sunsets, the property offers 290 feet of private, gently sloping shoreline with coveted southwest exposure, a sandy shallow entry for toddlers, and deep water for diving off the dock. Your escape begins at the impressive two-slip boathouse, where the upper-level sun deck and custom pergola create the ultimate venue for lakeside lounging and sunset cocktail parties. A stone walkway leads to the welcoming 4-bedroom, 3-bathroom main cottage. Inside, vaulted ceilings and a wall of windows flood the space with light and frame the lake views. The heart of the cottage is the kitchen, which flows naturally into a living area anchored by a stone-faced fireplace and a dining room designed for large family gatherings. Spend evenings in the four-season Muskoka Room, generously sized to host board game and shuffleboard fans. The main floor is completed by a spacious primary suite with a 4-pc ensuite and a powder room. Three generous guest bedrooms and a 4-pc bathroom await upstairs. The separate guest cottage features 2 bedrooms, a 3-piece bath, and its own living room, perfect for guests or teenagers. Practicality meets comfort with heated bathroom floors throughout, ample storage, an oversized water filtration system and a backup generator for peace of mind. Outside, three stone patios offer room for large-scale hosting, while the level grassy area behind the cottage is a natural playground for badminton or bocce. As night falls, gather under a canopy of sparkling stars at the lakeside firepit to recount the day's dockside adventures. Located just a 5-minute boat ride from the marina, this mostly furnished sanctuary is ready for immediate enjoyment. Don't let another summer pass you by! Come discover the magic of Miller Island and begin creating your Muskoka memories today.

    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
    May 12, 2026ListedCurrentFor sale$3,395,000 —X13122580This page
    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.

    📍 27 Island 35LM (Miller Island)
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake Access
    • Island
    • Waterfront
    • 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
    $16,679
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $792
    0.28% 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 27 Island 35LM (Miller 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 27 Island 35LM (Miller 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 27 Island 35LM (Miller Island) listed for?

      27 Island 35LM (Miller Island) is listed at $3,395,000 on the MLS® (listing X13122580). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 27 Island 35LM (Miller 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. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $3,395,000
    $0 / sqft · MLS® X13122580
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,480,519
    $1,362,078Confidence range$1,598,961
    Asking vs estimate
    ↑↑well-above
    +$1,914,481
    (+129.3%)
    Asking is well above
    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 34 days.

    Avg sold price
    $961,376
    Median sold
    $735,000
    Avg days on market
    41
    Recently sold
    58
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Your escape begins at the impressive two-slip boathouse, where the upper-level sun deck and custom pergola create the ultimate venue for lakeside lounging and sunset cocktail parties.
    • Inside, vaulted ceilings and a wall of windows flood the space with light and frame the lake views.
    • The heart of the cottage is the kitchen, which flows naturally into a living area anchored by a stone-faced fireplace and a dining room designed for large family gatherings.
    • The main floor is completed by a spacious primary suite with a 4-pc ensuite and a powder room.
    Ask Zara a follow-up
    Other
    Sewer
    Septic
  6. Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  7. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    11
    Laundry level
    Upper Level
  8. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Metal
    Foundation
    Piers
    View
    Lake, Trees/Woods
    Waterfront
    Y
    Pool
    None
  9. Lot & land

    1
    Zoning
    RW-6B
  10. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  11. Room-by-room · 3 rooms

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

    Room dimensions

    Main level

    3 rooms
    • Living Room
      25.9 × 14.9 ft
    • Dining Room
      11.9 × 8.6 ft
    • Kitchen
      11.8 × 11.8 ft
    Combined estimate
    $17,471
    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
    $16,679
    /mo
    based on the purchase price of $3,395,000
    $679,000 cash
    $2,716,000 financed
    $2,287,585 total interest
    Monthly payment$16,679/ month
    Principal54%$2,716,000
    Interest46%$2,287,585

    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
    27 Island 35LM (Miller Island)This home6 / 420,002,500$3,395,000ask———
    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.

    • 1190 Parkers Point Road
      $3,679,000
      1190 Parkers Point Road
      Detached 5 3
    • 6 Taylor Island 26LM
      $3,774,999
      6 Taylor Island 26LM
      Detached 5 4
    • 1016 Lawland Heights Road
      $3,445,000
      1016 Lawland Heights Road
      Detached 5 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.

  12. One team, no handoffs

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

  13. Showings on YOUR schedule

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

  14. Mortgage that closes

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

  15. Public listing courtesy of Johnston & Daniel Rushbrooke Realty · displayed on Summitly per MLS® data-share rules

    27 Island 35LM (Miller Island) is a 6-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 27 Island 35LM (Miller Island) built?

    The year built for 27 Island 35LM (Miller Island) isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 27 Island 35LM (Miller Island)?

    The 'Property tax' tab in the History section shows the most recent annual tax for 27 Island 35LM (Miller Island) plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 27 Island 35LM (Miller Island)?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,395,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 27 Island 35LM (Miller Island) been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 27 Island 35LM (Miller Island) with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 27 Island 35LM (Miller Island) in?

    27 Island 35LM (Miller 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.

  21. 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.

  22. 1025 Davis Drive
    5 / 3
    3,000
    —
    811 BAY Street6 / 33,000—
    945 MUSKOKA BEACH Road5 / 42,000—
    1335 NARROWS Road6 / 63,000—