1 Island 2Sl Island
Morrison, Gravenhurst, P1P 1R1
FOR SALE
$649,900
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6
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X13690910
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Property Description
PARADISE FOUND - YOUR OWN PRIVATE ISLAND ON SPARROW LAKE! Imagine summers spent surrounded by water, spectacular sunsets and the people who matter most. Ernest Island is a truly special opportunity to own an entire private island on beautiful Sparrow Lake, offering the perfect setting for unforgettable family memories and a genuine escape from the everyday. Family-owned for decades, this unique property features three separate and private cabins, each with two bedrooms, comfortable living spaces and endless lake views. The thoughtful layout makes it ideal for extended family and guests, giving everyone their own space while still bringing everyone together in one extraordinary setting. The island's privacy, natural topography and stunning waterfront create countless opportunities to relax and disconnect. Enjoy massive sunset views, find your own favourite spot along the shoreline, gather around the firepit, or spend the day on the water. With two separate docking areas, easy boat access and a short ride to nearby marinas and landings, getting to and from the island is wonderfully convenient. Sparrow Lake is part of the Trent-Severn Waterway, offering boat access toward Georgian Bay, Lake Couchiching, Lake Simcoe and beyond - making this an exceptional base for exploring the surrounding waterways. The property is also exceptionally well equipped for island living, with multiple outbuildings providing plenty of storage, along with gardening areas, a firepit and numerous spaces to simply enjoy the outdoors. For those looking to make this summer the one they finally make the move, Ernest Island is now offered at a newly reduced price as part of an end-of-season opportunity. A rare chance to step into a property like this - without waiting for another season. Come experience Ernest Island for yourself and discover why some places are more than a cottage - they become part of the family story.
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Property Features
Clear View, Island, Lake/Pond, Marina, Waterfront, Guest Accommodations, Primary Bedroom - Main Floor, None, Wood Stove, Dock, Trent System
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Property Details
Address
1 Island 2Sl Island
Community
City
Postal Code
P1P 1R1
Property Type
Detached, Detached
Acreage
0.8 Feet
Taxes
$3,465 (2025
Basement
None
Exterior
Deck, Fishing, Privacy, Porch
Heat Type
Other
Heat Source
Wood
Water
Other
Garage Type
None
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Listing contracted with Royal Lepage Lakes Of Muskoka Realty
Top 5 Reasons You'll Love This Home: 1) Spacious Living -This large family home offers 5 bedrooms and 1.5 bathrooms, providing plenty of space for everyone.2) Convenient Main Floor Living - Enjoy the ease of a main floor primary bedroom and main floor laundry.3) Well-Equipped Kitchen- A generous kitchen with a pantry and ample storage makes meal prep and organization a breeze. 4) Entertainment Ready - The upper-level recreation room comes complete with a pool table and accessories, perfect for hosting family and friends. 5) Outdoor Enjoyment & Practicality - Relax in your private backyard backing onto peaceful green space, plus take advantage of a double car garage with a basement walk-up for added convenience. With easy access to HWY 11, this home combines comfort, functionality, and location. Don't miss your chance to make it yours, book your showing today! New Eavestroughs & Downspouts installed May 2026
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NEW PRICE!!! 261 Hotchkiss Street, a fantastic opportunity to own a well-maintained triplex in one of Gravenhurst's most convenient locations. Whether you're an investor looking to expand your portfolio, a first-time buyer hoping to offset your mortgage with rental income, or someone searching for a property with future flexibility, this one deserves a closer look. Situated on a quiet, tree-lined street just two blocks from downtown, this RM1-zoned property features three self-contained units. The front unit offers a spacious 2-bedroom unit with an open-concept kitchen, dining and living area, creating a bright and functional space. The second unit includes a second 2-bedroom unit with an additional den, ideal for a home office or extra storage. Completing the property is a bachelor suite with its own private entrance, providing another valuable source of rental income. The large in-town lot offers plenty of outdoor space, while two separate driveways and a detached garage provide ample parking for tenants or future owners. Over $30,000 has been invested in recent improvements, including updated flooring, bathroom renovations, paint, appliances, eavestroughs, and tree removal, allowing the next owner to purchase with confidence. Beyond its current use as a triplex, this property also offers future potential. It could be converted back into a spacious single-family home with an accessory apartment, making it an excellent long-term investment. Enjoy being within walking distance of downtown Gravenhurst's shops, restaurants, schools, YMCA, library, parks, the Opera House, the Muskoka Wharf, Lake Muskoka, and Gull Lake. With its desirable location, strong income potential, recent updates, and flexible layout, 261 Hotchkiss Street is a rare opportunity to own a property that can generate income today while offering endless possibilities for tomorrow.
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