$599,000

For sale

293 Musquosh River Shore, Georgian Bay (Gibson) - Single Family for Sale

293 Musquosh River Shore, Georgian Bay (Gibson), Ontario, P0C1H0

3 beds1 bath0 parking900 ft²184 × 242 ft (1.02 acres) lot sizeListed 47 days ago

Overview

This 3-bedroom, 1-bathroom home in Georgian Bay is for sale offering roughly 900 sq ft of space. Listed at $599,000, it is attractively priced about 33% below the $899,000 median asking price in Georgian Bay. It has been on the market 47 days, fresher than the Georgian Bay average of 252 days.

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Description

Escape to Go Home Lake with this classic boat-access retreat combining modern comfort, endless privacy, and year-round adventure - just 1 hour and 40 minutes from the GTA. Situated on 184 feet of pristine shoreline with a rare, level walk from the cottage down to a sandy beach, this fully furnished property features a bright 3-bedroom main layout with open-concept kitchen, dining, and living rooms, a separate family room, and a 3-piece bathroom. Outside, exceptional living space includes a newer front deck, a lower gazebo deck, a brand-new large dock added in Spring 2026, a dry single-slip boathouse for tool and toy storage, and a separate sleeping cabin complete with its own private deck. Convenient amenities include a dedicated outhouse fitted with running water, a sink, and a conventional toilet in addition to the 3 pce bathroom in the cottage. Backing onto miles of undisturbed Crown land, the property offers direct access to hiking trails leading to the Go Home Lake Dam and 3 Rock Falls, as well as portage routes onto the Musquosh and Gibson River systems for extended canoe and kayak trips. Located just a short 5-minute boat ride from the marina. Winter access is available by following a trail over the lake and through the surrounding woodland. This property offers a great spot to start your cottage lifestyle. (id:66096)

Property Details

MLS®: X13800930
Property Type: Single Family
Zoning: SR1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 184 × 242 ft (1.02 acres)
Frontage: 184 ft
Storeys: 1
Style: Raised bungalow
Basement: None
Heating: Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 3.45 x 3.05 meters
Dining room: 3.05 x 98 meters
Living room: 3.05 x 2.31 meters
Family room: 5.82 x 3.48 meters
Primary Bedroom: 2.77 x 2.44 meters
Bedroom: 2.74 x 2.44 meters
Bedroom: 2.74 x 2.59 meters
Mud room: 3.48 x 2.79 meters
Bathroom: 2.39 x 1.88 meters
Other: 1.83 x 1.22 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Microwave, Furniture, Water Heater
Flooring: Laminate, Vinyl, Wood
Foundation: Block, Wood/Piers
Exterior: Wood
Lot Features: Hillside, Level lot, Wooded area, Sloping, Rolling, Level

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Wireless, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Georgian Bay (Gibson) listings, avg age

252d

Price / ft²

$666

List price

$599K

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.

Haho

This 3-bed single family in Georgian Bay (Gibson) has been listed for 47 days, which is 205 days fresher than the city average of 252. Act while there is still low competition.

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Listed by Sotheby's International Realty Canada · BRYAN COXWORTH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0C)

This home lists at $599,000, about 7.6× the local median household income of $78,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $78,500
Population: 4,824
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P0C)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$209/mo

Total monthly$3,336

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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