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Sold for $471,000
  • C$471,000

    540 48th Is, Georgian Bay, ON P0E 1E0

    3beds
    1,090sqft
    Single Family Residence, Residential
    Built in 1997
    0.59 Acres Lot
    $-- Zestimate®
    C$432/sqft
    C$2,679 Estimated rent

    Home value

    Not available

    Estimated sales range

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    What's special

    Welcome to your dream island retreat! This charming and well-maintained 3-bedroom cottage, complete with a separate bunkie, offers the perfect blend of rustic charm and modern comfort. Set on a beautiful 1/2 acre lot boasting 169 feet of clean, natural frontage, ideal for swimming, boating and soaking up the beauty of Georgian Bay. Nestled among striking cap rock outcroppings, the cottage features multiple decks with breathtaking views & sunsets. Located just 10–15 minutes by boat from Honey Harbour, Midland or Penetanguishene, this rare retreat offers both privacy and convenience. Inside, you’ll find cozy, inviting living spaces, fully furnished and insulated for four-season comfort, with a wood stove to keep you warm on cooler evenings. The separate bunkie provides extra guest space, while deeded access to the inner island trail offers walking and biking opportunities. In winter, enjoy direct access to a snowmobile trail crossing the island for year-round adventure. Bunkie shingles redone in 2021. Main cottage re-shingled: 2020 (front side) & 2013 (backside). Whether you are looking for a seasonal cottage or 4-season retreat, this island gem offers a rare combination of comfort, privacy & recreation on the pristine waters of Georgian Bay.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sue Nori, Salesperson,

    One Percent Realty Ltd. Brokerage

    Source: ITSO,MLS®#: 40759220Originating MLS®#: Barrie & District Association of REALTORS® Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Other
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Features: 3-Piece
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Fireplace-Wood
    Cooling
    • None
    Appliances
    • Included: Range, Water Heater Owned, Built-in Microwave, Refrigerator
    • Laundry: None
    Features
    • Windows: Window Coverings
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning Stove
    Interior area
    • Total structure area: 1,090
    • Total interior livable area: 1,090 sqft
    • Finished area above ground: 1,090

    Property

    Parking
    • Parking features: No Driveway Parking
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Fishing, Privacy
    • Has view: Yes
    • View description: Bay, Clear, Lake, Panoramic, Trees/Woods
    • Has water view: Yes
    • Water view: Bay,Lake
    • Waterfront features: Bay, Direct Waterfront, North, Boat Access - Parking Not Deeded, Island, Lake Privileges
    • Body of water: Georgian Bay
    • Frontage type: South
    • Frontage length: 169.00
    Lot
    • Size: 0.59 Acres
    • Dimensions: 169 x 257
    • Features: Rural, Rectangular, Island, Marina, Quiet Area
    • Topography: Dry,Flat,Flat Site,Rocky,Sloping,Wooded/Treed
    Details
    • Additional structures: Other
    • Parcel number: 480140044
    • Zoning: SR

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence, Residential
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Pillar/Post/Pier, Wood
    • Roof: Asphalt Shing
    Condition
    • 16-30 Years
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Gray Waste
    • Water: Lake/River
    • Utilities for property: Cell Service, Electricity Connected, High Speed Internet Avail

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector, Smoke Detector
    Location
    • Region: Georgian Bay

    Financial & listing details

    • Price per square foot: C$432/sqft
    • Annual tax amount: C$2,057
    • Date on market: 8/12/2025
    • Inclusions: Built-in Microwave, Carbon Monoxide Detector, Refrigerator, Smoke Detector, Window Coverings, All Furniture: Dining Set, Couch, Love Seat, Kitchen Stools, Beds, Dressers, Outdoor Furniture (With Exception Of Exclusions Listed Below), Cutlery, Glasses, Plates And Kitchenware.
    • Exclusions: Cedar Blanket Box, Single Wicker Chair, Wicker, Tables And Wicker Stand, 2 Rattan Tub Chairs, 2 Green Muskoka Chairs.
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/15/2025SoldC$471,000C$432/sqft
    Source: ITSO #40759220 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: P0E

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.