$999,000

For saleJust listed

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1088 Birch Point Road, Gravenhurst (Muskoka (S)) - Single Family for Sale

1088 Birch Point Road, Gravenhurst (Muskoka (S)), Ontario, P1P1R1

2 beds1 bath parking

160 Isaac Street, Gravenhurst (Muskoka (S)), Ontario, P1P1G2

3 bd1 ba6 pk1,300 ft²Lot size 66 × 137 ft (9,042 sq ft)

Listed by Re/Max Professionals North

1095 Conservation Road, Gravenhurst (Muskoka (S)), Ontario, P1P1R3

For saleJust listed

5 days ago

$959K

1095 Conservation Road, Gravenhurst (Muskoka (S)), Ontario, P1P1R3

3 bd2 ba5 pk1,300 ft²Lot size 223 × 101 ft (22,590 sq ft)

Listed by CENTURY 21 LEADING EDGE REALTY INC.

1628 Muskoka Road North, Gravenhurst (Muskoka (S)), Ontario, P1P1R5

For saleJust listed

5 days ago

$885K

1628 Muskoka Road North, Gravenhurst (Muskoka (S)), Ontario, P1P1R5

3 bd3 ba10 pk1,750 ft²Lot size 233 × 162 ft (37,746 sq ft)

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

135 Douglas Street, Gravenhurst (Muskoka (S)), Ontario, P1P1A4

For saleJust listed

6 days ago

$880K

135 Douglas Street, Gravenhurst (Muskoka (S)), Ontario, P1P1A4

4 bd3 ba7 pk2,250 ft²Lot size 163 × 184 ft (29,992 sq ft)

Listed by Royal LePage Lakes Of Muskoka Realty

Investment analysis

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$999,000

Gravenhurst

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232 × 188 ft (1.00 acres) lot size

Overview

This 2-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 1,300 sq ft of space. It has been on the market 5 days, fresher than the Gravenhurst average of 85 days.

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Description

An exceptional opportunity awaits to build your new Lake Muskoka cottage. With a rare R2 zoning allowing for optimal development in a prime, level, south-facing location, with 235' of wrap-around sand bottom waterfront providing 180-degree views of sought-after Brydon Bay. Located minutes from Gravenhurst on a year-round road, enjoy the convenient commute times and access to shopping. (Existing cottage/boathouse/structures sold as-is, where is) - No representations or warranties that the virtual rendering can be done as seen. (id:66096)

Property Details

MLS®: X14132482
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 232 × 188 ft (1.00 acres)
Frontage: 232 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Other, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $10,335/yr
Listed: 5 days ago

Rooms

Main level

Kitchen: 4.72 x 2.99 meters
Dining room: 4.19 x 3.12 meters
Living room: 5.71 x 4.11 meters
Bedroom: 3.6 x 2.94 meters
Bedroom 2: 3.98 x 2.84 meters
Laundry room: 2.81 x 1.49 meters
Bathroom: 3.07 x 2 meters

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

Features

Foundation: Concrete
Exterior: Wood
Lot Features: Irregular lot size, Level

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Gravenhurst (Muskoka (S)) listings, avg age

85d

Price / ft²

$768

List price

$999K

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 2-bed single family in Gravenhurst (Muskoka (S)) has been listed for 5 days, which is 80 days fresher than the city average of 85. Act while there is still low competition.

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Listed by Sotheby's International Realty Canada · DAVID BEMMANN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $999,000, about 13.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 169% above the area median.

Median household income: $72,500
Population: 11,083
Median age: 54
Owner / renter: 76% / 24%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P1P)

$999,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$861/mo

Total monthly$5,985

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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