Dreaming of owning a serene getaway? With cottages for sale in Ontario under $500 000, you can enjoy lakeside living, weekend retreats, or investment opportunities without breaking the bank. From Muskoka and Kawartha Lakes to Parry Sound and beyond, there’s a cottage that fits your budget and lifestyle.

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1306-2 Eastshore Road

Gibson Muskoka P0C 1A0

$349,000

Residential Freehold beds: 1+1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12146422

Bedrooms:

1+1

Bathrooms:

1

• Photos (15)

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This property is truly one of a kind. Location, access, privacy, and incredible potential! Situated on nearly an acre of leased land, it features two charming cabins and a third screened-in cabin, referred to as the Pavilion, all nestled among the trees, offering a perfect mix of seclusion and scenic exposure.The Pine Cabin is the larger of the two, featuring a king-sized bed, fireplace, roughed-in new kitchen, and screened in porch.The Cedar Cabin is a perfect bunkie with a queen and set of bunkbeds. Both cabins are wired for hydro, insulated, and built to code. The Pavilion offers a shared space to relax and enjoy the outdoors in comfort. With the addition of a septic system and a lake water intake, your cottage can offer all the comforts of home. The level lot is ideal future improvements, with stairs leading down to your private waterfront. There, you'll find multiple decks, long lake views, all-day sun and stunning sunsets, Gibson Lake is a family-friendly lake with an active Cottage Association. This summer enjoy everything Muskoka has to offer at a price point that is hard to beat.

Documents & Links:

Sales Brochure

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow

Total Approx Floor Area:

700-1100

Depth:

213'64.9 m

Frontage:

162'49.4 m

Topography:

Sloping, Wooded/Treed

Direction Faces:

South

Bedrooms:

1+1

Bathrooms:

1.0

Water supply:

None

Kitchens:

2

Kitchens in Basement:

1

Bedrooms Above Grade:

1

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

1

Ensuite Laundry:

No

Additional Info:

Heating type:

Other

Heating Fuel:

Wood

Foundation:

Piers, Wood Frame, Block

Roof:

Shingles, Metal

Basement:

None

Fireplace Features:

Wood Stove

Fireplace/Stove:

Yes

Alternative Power:

Unknown

Garage:

None

Garage Spaces:

0.0

Parking Spaces:

5

Total Parking Spaces:

5.0

Family Room:

No

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Taxes:

$0 / 2025

Assessment:

$- / -

Listing Area:

Georgian Bay

Listing Sub-Area:

Gibson

County Or Parish:

Muskoka

Property Features / Area Influences:

Waterfront, Wooded/Treed

Interior Features:

Bar Fridge, Guest Accommodations

Exterior Features:

Privacy, Porch Enclosed, Seasonal Living

Easement/ Restrictions:

Unknown

Rental Items:

none

Inclusions:

Furniture, A/C, BBQ

Exclusions:

Personal items

Lease to Own Equipment:

None

Exterior Finish:

Wood

Retirement:

No

Water Frontage:

164'50 m

Waterfront Features:

Boat Launch, Stairs to Waterfront, Waterfront-Deeded Access

Waterfront:

Direct

Shoreline:

Mixed

Shoreline Allowance:

None

Shoreline Exposure:

West

Water View:

Direct

Access to property:

Year Round Private Road

Channel Name:

Narrows

Water Body Name:

Gibson Lake

Water Body Type:

Lake

Waterfront Accessory Buildings:

Not Applicable

Docking Type:

Public

Room Information:

Floor

Type

Size

Other

Ground

Primary Bedroom

24'7.32 m × 14'1"4.29 m

Dry Bar, W/O To Porch, Fireplace

Ground

Bedroom

14'1"4.29 m × 11'2"3.40 m

B/I Shelves, W/O To Sundeck

Ground

Common Room

20'2½"6.16 m × 16'5"5.00 m

West View

Other Details:

Utilities Hydro:

Yes

Sewage:

Grey Water

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Landlease

Sewers:

None

Air Conditioning:

Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

May 14, 2025

Original Price:

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Previous Price:

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  Photo 1 of 15
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  Photo 2 of 15
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  Part of lower deck
• 
  Stairs to lake
• 
  Upper Deck
• 
  Photo 6 of 15
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  Cedar Cabin
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  Photo 8 of 15
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  Photo 9 of 15
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  Photo 10 of 15
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  Photo 11 of 15
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  Pine Cabin
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  Photo 13 of 15
• 
  Pavilion
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  Photo 15 of 15

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Listed by ROYAL HERITAGE REALTY LTD.

Data was last updated May 14, 2025 at 10:15 PM (UTC)

Area Statistics

Listings on market:

47

Avg list price:

$599,999

Min list price:

$289,000

Max list price:

$2,795,000

Avg days on market:

58

Min days on market:

1

Max days on market:

386

These statistics are generated based on the current listing's property type and located in Gibson. Average values are derived using median calculations.

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• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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Explore Affordable Cottages Across Ontario

These budget-friendly cottages combine comfort, character, and natural surroundings—ideal for families, retirees, or rental investors.

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Why Choose a Cottage in Ontario Under $500 000?

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Start Your Cottage Search Today

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FAQs – Cottages for Sale Ontario Under $500 000

1. Where can I find cottages under $500,000 in Ontario?
Popular areas include Kawartha Lakes, Parry Sound, Haliburton, Bancroft, and some northern regions of Muskoka.

2. Are cottages in this price range year-round or seasonal?
Many are seasonal, but you can find winterized options suited for year-round living at this price point.

3. Can I get waterfront access for under $500,000?
Yes, though most will be smaller properties or located on less-populated lakes or rivers.

4. Is financing a cottage similar to buying a house?
Cottage financing is available but may require different terms depending on seasonal vs. year-round use.

5. Are these good for short-term rentals?
Absolutely. Many buyers purchase affordable cottages in Ontario for Airbnb or VRBO investment potential.