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For Sale
Just Listed

4 Is 40 Go Home Lake N/A

Gibson, Georgian Bay, ON
$769,000
3Bd
1Ba
1,300+sqft
0Parking
320 x 258.99 ftlot
$592/sqft
DetachedMLS# X13436058Listed 2026-06-121 DOM
Heating
Water Heater Owned

Just listed! New listings in Georgian Bay often receive offers within the first week.

About this home

Discover an exceptional island retreat on beautiful Whale Back Island in Crystal Bay, offering two separate waterfront exposures - a sun-soaked south shore with sandy beach and a scenic northwest shoreline perfect for sunsets. With 320 feet of total frontage and a level 0.85-acre lot, this property delivers rare usability, privacy, and year-round enjoyment. The renovated three season cottage features an inviting open-concept layout combining the living room, kitchen, and sunroom. The kitchen includes a centre island, double sink, and mostly stainless-steel appliances. The living room offers a cozy wood stove and walkout to the deck, while the sunroom provides panoramic lake views and its own walkout. There are 3 comfortable bedrooms, including a primary with direct ground-level access, plus a large 3-piece bath and convenient main-floor laundry. Outdoor living shines here: expansive lakeside decking, a charming gazebo, and a large, level yard ideal for family activities. The south-facing sandy beach offers gentle, kid-friendly entry, while the docks provide ample depth for boating. Enjoy two docks-an older secondary dock and a newer, oversized L-shaped dock with plenty of room for entertaining, swimming, and water sports. Located just an 8-minute boat ride from the marina and approximately 1.5 hours from the GTA, this island getaway is close to nearby towns for shopping, dining, and amenities. A rare opportunity to own a beautifully improved, highly usable island property on sought-after Go Home Lake.

RenovatedWaterfrontWalkout

Rooms

Main Floor
Kitchen6.71 × 2.72 m
Living Room5.59 × 4.34 m
Sunroom5.94 × 2.26 m
Primary Bedroom3.68 × 3.48 m
Bedroom3.68 × 2.31 m
Bedroom3.45 × 2.74 m
Pantry2.31 × 1.02 m
Laundry1.63 × 0.86 m
Bathroom2.72 × 2.59 m

Features

  • Water Heater Owned
  • Deck
  • None
  • Bungalow-Raised

Financials

Annual Taxes
$3,155.42

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield5.0% – 7.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Georgian Bay

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Georgian Bay. Data updates daily.

Our estimate for this home

Priced 54.1% above estimate
Estimated range
$462K$536K
Mid-point $499K · ~$384/sqft
How this listing compares
$462KList · $769K$536K
Medium confidence·Based on 17 gibson comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$769,000
4 Is 40 Go Home Lake N/A, Georgian Bay
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