$144,000

For sale

#2 115 Georgian Bay Port Severn Street, Georgian Bay (Baxter) - Single Family for Sale

#2 115 Georgian Bay Port Severn Street, Georgian Bay (Baxter), Ontario, L0K2A0

0 beds0 baths0 parking350 ft²213 × 300 ft (1.46 acres) lot sizeListed 117 days ago

Overview

This home in Georgian Bay is for sale offering roughly 350 sq ft of space. It has been on the market 117 days, fresher than the Georgian Bay average of 136 days.

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Description

Welcome to your own private off-grid island retreat in the heart of Georgian Bay's sought-after Chapelle Rock Channel near Port Severn. Surrounded by iconic granite shorelines and crystal-clear waters, this unique property offers the ultimate low-maintenance, high-reward waterfront lifestyle-without the high property taxes, complex maintenance, or multi-million dollar price tag of a traditional cottage. Property Highlights: Turnkey Off-Grid Cabin: Features a setup equipped with integrated solar lighting and device charging-ready for immediate use on Day 1 as your private camping, paddling, and fishing basecamp. Private Waterfront Access: Complete with a private dock for easy boat landing and immediate access to world-class boating, swimming, and legendary Georgian Bay sunsets. Prime Location: Minutes from local marinas and the Oak bay Golf Course. A quick and effortless boat commute from the mainland, making impromptu weekend getaways from the GTA effortless. Ultra-Low Holding Costs: Annual property taxes are just ~$1,100/year, making this an incredibly affordable long-term recreational asset. Whether you're looking for a private weekend glamping sanctuary, a serene fishing spot, or an affordable piece of Georgian Bay land to call your own, this unnamed island offers a rare, accessible gateway to island living.(Seller financing / Vendor Take-Back mortgage options may be considered for qualified buyers.) (id:66096)

Property Details

MLS®: X13554244
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 0
Interior Size: 350 ft²
Lot Size: 213 × 300 ft (1.46 acres)
Frontage: 213 ft
Basement: None
Heating: Other, Other
Garage: No Garage
Property Tax: $1,100/yr
Listed: 117 days ago

Market Timing

Days on market

117d

Georgian Bay (Baxter) listings, avg age

136d

Price / ft²

$412

List price

$144K

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 single family in Georgian Bay (Baxter) has been listed for 117 days, which is 19 days fresher than the city average of 136. Act while there is still low competition.

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Listed by Bosley Real Estate Ltd. · GIOVANNI BONI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0K)

This home lists at $144,000, about 1.6× the local median household income of $88,000.

Carrying it typically needs a household income of about $28,128 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $88,000
Population: 38,386
Median age: 50.8
Owner / renter: 90% / 11%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0K)

$144,000· $412/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,200

Min 5%50%

Mortgage payment$758/mo

↳ CMHC premium ($5,472 capitalized)

Property tax (est.)$92/mo

Total monthly$850

Cash Needed to Close

Down payment (5%)$7,200

Land transfer tax$1,165

Est. closing costs$2,932

Total cash needed$11,297

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice