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$950,000
Gravenhurst
1002 Chippawa Avenue, Gravenhurst (Muskoka (S)), Ontario, P1P1T5
This 3-bedroom, 3-bathroom home in Gravenhurst is for sale offering roughly 1,300 sq ft of space. It has been on the market 43 days, fresher than the Gravenhurst average of 85 days.
Deeded beach access, turnkey condition, and income potential - this Gravenhurst property is a rare combination in Muskoka. Tucked just off Muskoka Beach Road, minutes from Taboo Resort, its been renovated top to bottom, offering buyers a true turnkey experience. Featuring 3 bedrooms and 2.5 bathrooms with a clean, modern finish throughout; the standout is a massive screened-in porch addition - a bonus space perfect for morning coffee or evening entertaining, and already everyone's favourite room in the house. Just as impressive is the beach access: this property is one of only a handful with deeded rights to a sandy beach on Lake Muskoka, less than a minute away - a rare commodity on this lake for buyers who want the lake lifestyle without private waterfront costs. A separate garage/bunkie adds flexibility - extra parking, workshop space, or guest accommodations. Currently operating as a successful income property, new owners can step in and continue the revenue stream, or easily convert it into a full-time residence or personal cottage retreat. Turnkey, income-producing, and beach-access - opportunities like this don't come up often. Whether it's a full-time house or a cottage property, the options are endless, and with Taboo mid-expansion - a new golf course and upgraded dining just steps away - this pocket is only getting more desirable. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 85 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Gravenhurst (Muskoka (S)) has been listed for 43 days, which is 42 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $950,000, about 13.1× the local median household income of $72,500.
Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 156% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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