Residentiae.
For Sale · Toronto

45 ISLAND 2ML

Toronto · P0E1G0

$789,000

3Bedrooms
2Bathrooms
0Parking
700Sq Ft
1Storeys

About this residence

Morrison Lake Waterfront Island 4 Season Cottage/Home! Enjoy easy access from deeded mainland parking at Morrison Landing Government Dock, just seconds across the lake to your own private waterfront retreat. Property features a huge dock with plenty of boat parking, private beach, fire pit and a roadway from the shoreline right to the cottage door for easy access.The original cottage was completely rebuilt from the ground up with all new infrastructure including, heating and A/C systems, electrical, plumbing, insulation, structural supports and tasteful top-to-bottom renovations. Meticulously maintained and low maintenance, the main cottage features 2 large bedrooms (one with an office area overlooking water), a full 3-piece bathroom, premium wood walls & ceilings, durable flooring, and pot lighting throughout.The kitchen is an entertainer's delight with full-size appliances, granite countertops, and ample storage. Newly constructed Swiss Family Robinson-style bunkie features a huge guest suite above complete with a screened-in porch overlooking the lake (steel roof). Below offers a covered sitting area to extend the outdoor season plus a full-size hot tub. Newly built boathouse (could be bunkie) near the water's edge.Excellent septic system (heated for winter use) and drinkable water with filtration system. All indoor furniture included; the work has been done, just move in and enjoy! Morrison Lake offers excellent boating, water skiing, paddling, fishing, snowmobiling, and a wonderful welcoming community year-round! (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3 (2 above, 1 below)
Bathrooms
2 (1 half)
Storeys
1
Living area
700–1,100 sq ft
Lot size
120 x 344 FT ; 344' (west depth) 335 (east depth)
Frontage
120 feet
Fireplace
1
Annual tax
$3,204
MLS®
X13138794
Board
Toronto
Status
Active
Listed
May 16, 2026
Updated
Jun 18, 2026

Room dimensions

RoomLevelDimensions
Living roomMain level4.5 × 3.96 m
Dining roomMain level4.51 × 3.05 m
KitchenMain level5.07 × 2.62 m
Primary BedroomLower level5.91 × 2.71 m
Bedroom 2Lower level4.16 × 2.68 m

Features & finishes

Appliances

  • Storage Shed
  • Water Treatment
  • Water Heater - Tankless
  • Water purifier
  • Furniture

Flooring

  • Hardwood

Heating

  • Heat Pump
  • Other
  • Electric
  • Propane

Cooling

  • Wall unit

Basement

  • Unfinished
  • Separate entrance

Exterior

  • Vinyl siding

Foundation

  • Block
  • Wood/Piers

Parking

  • Garage
  • Other

Lot

  • Wooded area
  • Sloping
  • Open space
  • Rocky
  • Carpet Free
  • Waterway

Sewer & Utilities

  • Septic System
  • Electricity
  • Telephone
  • Wireless
  • Electricity Available

Views

  • Lake view
  • View of water
  • Direct Water View

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$3,690/mo

Amortization

Loan amount

$631,200

Down payment

$157,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · P0E
3,606
Population
54
Median age
$83,000
Median income
$650,000
Median home value
94%
Home ownership
32 min
Avg. commute

Age distribution

0–14
11%
15–24
8%
25–44
18%
45–64
36%
65+
26%

Tenure

94% owners6% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 45 ISLAND 2ML?

45 ISLAND 2ML is listed for $789,000, in Toronto.

How many bedrooms and bathrooms does 45 ISLAND 2ML have?

It offers 3 bedrooms and 2 bathrooms (including 1 half-bath).

What type of home is 45 ISLAND 2ML?

45 ISLAND 2ML is a Single Family, House set over 1 storey.

How large is 45 ISLAND 2ML?

The home offers approximately 700–1,100 sq ft of living space on a lot measuring 120 x 344 FT ; 344' (west depth) 335 (east depth).

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,690. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,204 per year.

What is the Toronto area like?

Toronto has a population of about 3,606, a median age of 54, a 94% home-ownership rate, with an average commute of about 32 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $650,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $83,000.

Private viewings

Arrange a private viewing of 45 ISLAND 2ML.

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