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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 82 daysPrice drop · $100,900 off (-6.7%)

    736 2190 Island

    Gibson·Georgian Bay, ON·P0E 1E0·Near Honey Harbour to Burnt Island

    • 3 beds
    Georgian Bay real estate›X12987316
    • 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

    CUSTOM-BUILT LUXURY WATERFRONT COTTAGE IN PRESTIGIOUS COGNASHENE Built in 2021 by Bonneville, this exceptional turnkey cottage offers the ultimate in effortless waterfront living-simply arrive, relax, and enjoy.Set on a stunning 4-acre private lot with 397 feet of pristine deep-water frontage, this property delivers breathtaking million-dollar views and unmatched tranquility. The thoughtfully designed 1,200 sq ft interior features an open-concept great room, kitchen, and dining area, highlighted by expansive windows that seamlessly connect indoor and outdoor living.Offering 3 bedrooms and 2 full bathrooms, the home is perfectly suited for family enjoyment or entertaining guests. Step outside to an impressive 1,200 sq ft wraparound deck complete with custom glass railings by Stairhaus and staircase-ideal for soaking in the panoramic waterfront scenery.The property is fully equipped for a premium cottage lifestyle, including:12' x 50'x48 steel floating dock with deep water access-perfect for boats, water toys, and entertainingTurnkey package with all furnishings and appliances includedBosch induction range, dishwasher, and in-suite laundryModern constant pressure UV water systemSeparate bunkie for guestsPrivate sauna building for ultimate relaxationThis is a rare opportunity to own a move-in ready luxury cottage in one of Georgian Bay's most sought-after locations. No work required-just enjoy.Available for quick closing.

    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
    Jul 1, 2026Price reducedCurrentReduced$1,399,000−$100,900 (6.7%)X12987316This page
    Apr 11, 2026ListedCurrentFor sale$1,499,900 —X12987316This 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

      4
      Heating
      Baseboard
      Air conditioning
      Other, 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.

    📍 736 2190 Island
    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
    $6,873
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $455
    0.39% mill rate · ON
    The market

    How this home sits in the Georgian Bay market

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

    The Georgian Bay market right now

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

    • Avg sold price
      $1,067,839
      Last 30 days
    • Median sold price
      $815,000
      Middle of the market
    • Days on market
      50 d
      Avg from list to close
    • Closed last 30d
      27
      MLS® transactions
    Full Georgian Bay market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 736 2190 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 736 2190 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 736 2190 Island listed for?

      736 2190 Island is listed at $1,399,000 on the MLS® (listing X12987316). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 736 2190 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. Built 0-5
  5. Asking
    $1,399,000
    $0 / sqft · MLS® X12987316
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,067,839
    $982,412Confidence range$1,153,266
    Asking vs estimate
    ↑↑well-above
    +$331,161
    (+31.0%)
    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 Georgian Bay sell in about 50 days — this one has been listed 82 days.

    Avg sold price
    $1,067,839
    Median sold
    $815,000
    Avg days on market
    50
    Recently sold
    27
    See comparable sales
    • No work required-just enjoy.Available for quick closing.
    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

    5
    Exterior
    Hardboard
    Roof
    Asphalt Shingle
    Foundation
    Piers
    Waterfront
    Y
    Pool
    None
  10. Lot & land

    2
    Year built
    0-5
    Zoning
    SR 17
  11. Listing & possession

    3
    Possession
    2026-07-01T00:00:00.000-00:00
    Property style
    Bungalow
    Property class
    Detached
  12. Combined estimate
    $7,328
    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
    $6,873
    /mo
    based on the purchase price of $1,399,000
    $279,800 cash
    $1,119,200 financed
    $942,660 total interest
    Monthly payment$6,873/ month
    Principal54%$1,119,200
    Interest46%$942,660

    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 Georgian Bay

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

    • 838 Kings Farm Road
      Sold
      Sign in for price
      838 Kings Farm Road
      Detached
    • 983 Harrison Trail
      Sold
      Sign in for price
      983 Harrison Trail
      Detached
    • 516 High Street
      Sold
      Sign in for price
      516 High Street
      Detached
    • 748 Whites Falls Road
      Sold
      Sign in for price
      748 Whites Falls Road
      Detached
    • 2133 Harrison Trail
      Sold
      Sign in for price
      2133 Harrison Trail
      Detached
    • 169 Lodge Road
      Sold
      Sign in for price
      169 Lodge Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    736 2190 IslandThis home3 / 211,001,500$1,399,000ask———
    838 Kings Farm Road2 / 21,500—
    983 Harrison Trail3 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Georgian Bay

    Active listings within ±20% of this asking price.

    • 18152 Georgian Bay Shore
      $1,499,000
      18152 Georgian Bay Shore
      Detached 2 2
    • 100 ISLAND 630 GEORGIAN BAY
      $1,495,000
      100 ISLAND 630 GEORGIAN BAY
      Detached 4 3
    • 700 Island 980 / Deer Island
      $1,199,000
      700 Island 980 / Deer Island
      Detached 2 4
    • 4476 Island 1040/Little Beausoleil Island
      $1,199,000
      4476 Island 1040/Little Beausoleil Island
      Detached 2 1
    • 87 Dayeo Drive
      $1,349,000
      87 Dayeo Drive
      Detached 5 1
    • 450 Crooked Bay Road
      $1,500,000
      450 Crooked Bay Road
      Detached 3 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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of Engel & Volkers Toronto Central · displayed on Summitly per MLS® data-share rules

    736 2190 Island is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 736 2190 Island built?

    736 2190 Island was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 736 2190 Island?

    The 'Property tax' tab in the History section shows the most recent annual tax for 736 2190 Island plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 736 2190 Island?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,399,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 736 2190 Island been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 736 2190 Island with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 736 2190 Island in?

    736 2190 Island is in Gibson, Georgian Bay. The 'Neighbourhood' section below links to the live Georgian Bay real estate hub with average sold price, days on market, and current inventory.

  22. Is Georgian Bay a good place to live?

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

  23. 516 High Street
    3 / 2
    700
    —
    748 Whites Falls Road5 / 32,500—
    2133 Harrison Trail5 / 21,500—
    169 Lodge Road2 / 21,100—