LOT #3 1 B494 is a land in The Archipelago, listed for $1,490,000.
1Experience the rare opportunity to own a private island property in the heart of Georgian Bay, with the option to also purchase Lot 2 of four separately severed lots on the island.
2A remarkable chance to secure your own piece of Georgian Bay paradise.
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Lots & Land in The Archipelago
About LOT #3 1 B494
Experience the rare opportunity to own a private island property in the heart of Georgian Bay, with the option to also purchase Lot 2 of four separately severed lots on the island. Featuring a combination of sandy shoreline, deep water frontage, and multiple waterfront exposures, this exceptional property offers an ideal setting to build your dream cottage or family retreat. Surrounded by mature forest, pristine natural beauty, and crystal clear waters, the island provides outstanding privacy and a true escape from everyday life. Enjoy walk in beach access, endless recreational opportunities, and the tranquility of one of Ontario's most sought after waterfront destinations. A remarkable chance to secure your own piece of Georgian Bay paradise.
The Archipelago land priced at $1,490,000 — book a tour to see if it fits your search.
Inside LOT #3 1 B494
Every detail from the listing, in one place.
Type
Land
Lot size
x 1656.826.113 sq ft
Features & systems
Lot & land
Lot dimensions
x 1656.82
Lot size (sqft)
6.113
Lot features
Irregular Lot
Listing & possession
Property class
Vacant Land
LOT #3 1 B494 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13416608$1,490,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How LOT #3 1 B494 Compares to the The Archipelago Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$7,320
/mo
based on the purchase price of $1,490,000
$298,000 cash
$1,192,000 financed
$1,003,977 total interest
Principal54%$1,192,000
Interest46%$1,003,977
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.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 The Archipelago
Other homes for sale in The Archipelago around $1.5M.
Average days on market53Homes sold in about 53 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings62Homes for sale here right now.
Median vs prior 90 days−15.2%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 30 sales from Jul 25 – Oct 23, 2026 (11 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About LOT #3 1 B494
How much is LOT #3 1 B494 listed for?
LOT #3 1 B494 is listed at $1,490,000 (MLS® X13416608). Summitly updates the price as soon as the MLS® record changes.
Has the price of LOT #3 1 B494 changed?
No — LOT #3 1 B494 is still listed at its original asking price of $1,490,000.
How many bedrooms and bathrooms does LOT #3 1 B494 have?
The listing for LOT #3 1 B494 doesn't publish its bedroom and bathroom count. It is a lot in The Archipelago.
How much would the monthly mortgage be on LOT #3 1 B494?
About $7,320 a month — principal and interest on $1,490,000 with 20% down ($298,000), 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 LOT #3 1 B494 compare with other homes in The Archipelago?
Its asking price of $1,490,000 is about 76% above the median sold price in The Archipelago over the last 90 days, $847,500, across 30 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 LOT #3 1 B494 been sold before?
Summitly has no earlier MLS® sale or lease of LOT #3 1 B494 on record from the last two years. Older records aren't shown under TRREB rules.
Where is LOT #3 1 B494?
LOT #3 1 B494 is in The Archipelago, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has LOT #3 1 B494 been on the market?
137 days — LOT #3 1 B494 was listed on June 8, 2026.
What is the lot size of LOT #3 1 B494?
The lot measures × 1656.82 (7.495 acres), as published in the listing.
What is the land transfer tax on LOT #3 1 B494?
About $26,275 in Ontario land transfer tax at the asking price of $1,490,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of LOT #3 1 B494 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for LOT #3 1 B494?
The listing for LOT #3 1 B494 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for The Archipelago.