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$1,199,000
Georgian Bay
28640 Georgian Bay Shore, Georgian Bay (Gibson), Ontario, L0K1S0
This 1-bedroom, 1-bathroom home in Georgian Bay is for sale offering roughly 900 sq ft of space. It has been on the market 97 days, fresher than the Georgian Bay average of 252 days.
With approximately 951 feet of Georgian Bay shoreline and set on an impressive 4.29 acres that is surrounded by Crown land, this exceptional property offers a rare combination of privacy, natural beauty, and remarkable waterfront. Captivating views stretch across the Bay, with glimpses of Hope Island, Giant's Tomb Island, and the Pine Islands creating a beautiful and ever-changing backdrop. Tucked within a private, sheltered harbour, the property offers protected dockage, a dock, and a dry boathouse with sleeping accommodations, making boating and relaxing on the water easy and enjoyable. The elevated cottage location and western exposure provide remarkable sunset views. Inside, the cottage is simple and comfortable, with a warm, relaxed feel and a woodstove that adds both charm and welcome warmth on cooler days. The expansive shoreline, peaceful surroundings, and wonderful sense of seclusion create a setting that is increasingly difficult to find on southeast Georgian Bay. This is a truly special retreat where quiet mornings, open-water views, and the natural beauty of the Bay become part of everyday cottage life. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 97 days on market, against an average age of 252 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Georgian Bay (Gibson) has been listed for 97 days, which is 155 days fresher than the city average of 252. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 13.6× the local median household income of $88,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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