$749,900

For sale

1003 Heron Lane, Gravenhurst (Morrison) - Single Family for Sale

1003 Heron Lane, Gravenhurst (Morrison), Ontario, P0E1G0

3 beds2 baths4 parking1,750 ft²116 × 148 ft (17,168 sq ft) lot sizeListed 80 days ago

Overview

This 3-bedroom, 2-bathroom home in Gravenhurst is for sale offering roughly 1,750 sq ft of space. It has been on the market 80 days, fresher than the Gravenhurst average of 95 days.

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Description

Year-Round Muskoka living close to Sparrow lake with a very short walk to a town owned lakefront property on Sparrow Lake. Charming 4 season 2 story home or vacation property featuring 3 spacious bedrooms, with a convenient main-floor primary bedroom. The modern bright living spaces are filled with natural light from large windows giving scenic views throughout the house. The kitchen offers warm oak custom cabinetry with quality craftsmanship, complemented by a oak staircase . Enjoy fall and winter nights sitting by the Napoleon fireplace. The bedrooms have large closets. A spacious full basement offers excellent storage. The house has a classic front porch with recessed lighting . The porch overlooks the side yard and has a propane BBQ hookup, The side porch is right off the main kitchen which makes it easy access for entertaining and is private for quiet summertime relaxation. The lot has been landscaped and offers good privacy with plenty of room tor outdoor activities. Located on a Municipal 4 season paved road. Only steps to town access on sparrow lake. There is garbage/recycling pickup, mail delivery, and a school bus route. This property offers a turn-key home or vacation retreat in great condition for year around use. (id:66096)

Property Details

MLS®: X13681252
Property Type: Single Family
Zoning: RB-7
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 116 × 148 ft (17,168 sq ft)
Frontage: 116 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Bathroom: 3.25 x 1.59 meters
Primary Bedroom: 4.01 x 3.63 meters
Dining room: 2.82 x 3.52 meters
Foyer: 3.99 x 3.1 meters
Kitchen: 2.68 x 3.04 meters
Living room: 5.38 x 5.24 meters

Second level

Bathroom: 2.69 x 2.52 meters
Bedroom: 6.81 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Microwave, Window Coverings, Water Heater
Foundation: Poured Concrete
Exterior: Wood
Lot Features: Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

80d

Gravenhurst (Morrison) listings, avg age

95d

Price / ft²

$429

List price

$750K

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.

Haho

This 3-bed single family in Gravenhurst (Morrison) has been listed for 80 days, which is 15 days fresher than the city average of 95. Act while there is still low competition.

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Listed by Re/Max Professionals North · JOHN BYRNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $749,900, about 9.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.

Median household income: $83,000
Population: 3,606
Median age: 54.4
Owner / renter: 94% / 6%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0E)

$749,900· $429/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,990.00

Min 6.67%50%

Mortgage payment$3,880/mo

↳ CMHC premium ($27,996 capitalized)

Property tax (est.)$270/mo

Total monthly$4,150

Cash Needed to Close

Down payment (6.67%)$49,990

Land transfer tax$11,473

Est. closing costs$4,750

Total cash needed$66,213

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