The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Own a rare slice of island life on Lake Muskoka, where this property offers over 700 feet of shoreline wrapping a protected, west-facing bay - deep water off the dock for swimming and diving, plus a shallow, sand-bottomed cove perfect for children and lazy afternoons on this exceptional stretch of Eilean Gowan Island. The newer cottage delivers easy, modern comfort with a great room featuring soaring sightlines to the water, oversized windows that pull the lake in from every angle, and a chef's kitchen with a full pantry built for entertaining or extended summer stays. Three bedrooms and two and a half bathrooms give the main cottage real breathing room, while a separate bunkie with its own washroom means guests never have to double up, making this ideal for multi-generational summers or a steady rotation of weekend visitors. A two-storey 3 slip boathouse adds both function and flexibility, with accommodation above for overflow guests, a private studio, or simply a quiet spot to take in the sunset over the bay, plus abundant storage for boats and water toys, all sheltered within a cove that stays calm even when the main lake picks up. Whether you're after a true family compound, a legacy property to pass down for generations, or a quiet retreat away from the mainland pace, this offering combines frontage, lots of remaining lot coverage, west exposure, and setting that rarely comes to market, making it a standout opportunity for anyone seeking genuine privacy and natural beauty on one of Muskoka's most sought-after lakes. Covered boat slip and car parking at marina outside Bracebridge less than five minutes away. A turn-key package ready for summer 2027.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$14,605/mo
Mortgage (principal + interest)$13,090
Property taxFrom listing: $18,189/yr$1,516
Minimum 20% ($699,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$699,800
Ontario land transfer taxProvincial brackets, no first-time refund$73,950
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$776,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bracebridge has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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