$735,000
Gravenhurst
1003 North Shore Road, Gravenhurst (Muskoka (S)), Ontario, P1P1R1
This 3-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 350 sq ft of space. Its $735,000 asking price sits right in line with the $749,900 median in Gravenhurst. It has been on the market 0 days, fresher than the Gravenhurst average of 86 days.
Ideal Live/Work on this pretty 1.8 acre corner lot filled with mature coniferous and deciduous trees and rock outcroppings. This unique Commercially Zoned C-2A property offers the perfect combination of commercial space with allowing a residential dwelling on the same lot (dwelling allowed because a house exists so can either renovate or tear down and rebuild with a 3 year time line). This corner lot faces Bethune allowing for great commercial signage exposure. Only 2 minutes to HWY 11 for commuting. Present family dwelling is being sold as is where is ... house needs renovating - has 3 bedrooms, open concept kitchen living room with newer Napoleon gas fireplace(6 yrs) for heating the entire house, 4 pc bathroom, additional large room on upper level could be art studio or rec rm or 4th bedroom, sliding doors from living room lead to a back deck and lower patio area surrounded in perennials (a little TLC will bring back to former glory). The lower patio off the living room once housed a hot tub. The large master bedroom has french doors overlooking deck and side yard. There is a working dug well and septic for house. North Shore Dr is an access road for cottages on Gull Lake. Historically the OFSC D-Trail follows a section of this road. Some Commercial permitted uses are bed and breakfast, building supplies outlet, commercial entertainment, commercial parking facility, garden centre, funeral home, body shop, dealership, nursing home, religious institution, restaurant and more (see attachment for Commercial Permitted Uses C-2, C-2A from Town of Gravenhurst Zoning By-law Section 18: 18-1, 18-2, 18-3, 18-4, 18-5). Easy to show. Fast closing available. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 86 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 0 days, which is 86 days fresher than the city average of 86. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $735,000, about 10.1× the local median household income of $72,500.
Carrying it typically needs a household income of about $143,571 (20% down, 25-yr amortization, stress-tested) — roughly 98% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1P)
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