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398 Gilbert Bay Lane

398 Gilbert Bay Lane

Wollaston, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
$895,000

Some cottages make you wait for the view. This one doesn't.Walk through the door and Wollaston Lake is right there in front of you. Thoughtfully updated and fully winterized, this 3-bedroom, 2-bath cottage has been set up to be comfortable, practical and easy to enjoy in every season.The main living space is open and bright, with the kitchen, dining and living areas all oriented toward the lake and opening onto a large waterfront deck. In summer, you have 100 feet of private shoreline with deep, clear water for swimming and boating. When the weather turns cooler, the wood stove makes the family room the place you'll want to be.There's plenty of useful space beyond the cottage too. A dry boathouse keeps the waterfront gear out of the way, while the garage/workshop and large loft above give you room for projects, a games room, gym, studio or whatever else you need cottage space for.The primary bedroom has its own ensuite with a generous walk-in shower, and a Generac automatic backup generator takes some of the worry out of winter weather and power outages.But the setting is what ties it all together: big Wollaston Lake views, deep water off the shoreline and a cottage that's already set up to enjoy year-round.Come for the view. Stay because everything else works.

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Listing Details

Taxes (2025)
$4,440
Listed
October 8, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Metal
Foundation
Piers
Interior
Carpet Free, Central Vacuum, On Demand Water Heater, Generator - Full, Water Treatment, Water Softener
Lot Size
100 x 184 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
10

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Hwy 620 & Ridge Rd
Parcel Number
401210059
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Blinds, Electric Light Fixtures, Appliances, Water Heater
Exclusions
Sellers Personal Items, Tools, Fishing Gear, Art, Keg Fridge
Rental Items
NA

Waterfront

Water Body
Wollaston Lake
Shoreline
Deep, Mixed, Sandy
Docking
Private

Schools

Elementary

  • Coe Hill Public School4 km

    Public · Hastings & Prince Edward DSB · 65 students

    Grade 6 math: 8% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K0L

Population
78,142
Private dwellings
48,786
Median age
54
Average household size
2.3
Median household income
$79,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Wollaston · last 12 months

Median sold price
$432,000
Homes sold
20
Median days on market
34
Sale-to-list price
93.7%

Based on 20 recorded sales of residential freehold properties in Wollaston over the last 12 months.

Rooms

2 × 3-piece on Main

Main

  • Bedroom 28'11" x 8'9"
  • Bedroom 310'2" x 8'7"
  • Family Room9'7" x 23'5"
  • Kitchen13'10" x 15'4"
  • Living Room21'4" x 15'
  • Pantry5'9" x 7'7"
  • Primary Bedroom16'11" x 11'1"

Listed by

Royal LePage Real Estate Associates

Walk Score

0

Walk

23

Bike

Scores by Walk Score®

Mortgage Calculator

$179,000

Estimated Monthly Payment

$4,397

Land transfer tax

Estimated land transfer tax$14,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,397/mo (20% down, 5.5%)

Taxes: $370/mo · Insurance: $224/mo

Estimates only. Consult a financial advisor.

R

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