$1,299,900
Gravenhurst
1101 Morrison Lake Road North, Gravenhurst (Wood (Gravenhurst)), Ontario, P0E1G0
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 56 days, fresher than the Gravenhurst average of 94 days.
Welcome to this charming 1,538 sq ft Viceroy cottage on Morrison Lake! Built in 2002, this bungaloft design has 3 bedrooms, 2 bathrooms and a partial full basement for future development of laundry room, rec room or gym. Designed for comfortable year-round living but also bringing the outdoors in with floor to ceiling lakeside windows and soaring cathedral ceiling. Enjoy fabulous long lake views with desirable eastern exposure and beautiful morning sunrises from this gradual, private lot on a year-round road. A large wrap-around deck with composite decking and aluminum-glass railings provides the perfect setting to relax and take in the lake views. Numerous updates provide peace of mind, including new appliances (2020), garage and shed roofs (2020), cottage roof (2021), and water system pump and tank (2021).The detached double garage has been partially converted into two seasonal sleeping cabins/bunkies while retaining one single garage bay for parking, toys or additional storage. A separate shed provides even more storage space. Outside, mature trees surround the property, creating a private and peaceful setting. Enjoy evenings around the lakeside firepit and easy access to the water along the shallow, sandy natural shoreline great for all ages, while still offering sufficient depth for boating. Ideally located approximately 2 hours from the GTA and just 20 minutes from Gravenhurst, this property offers the perfect balance of peaceful Muskoka lakefront living and convenient access to everyday amenities. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 94 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 (Wood (Gravenhurst)) has been listed for 56 days, which is 38 days fresher than the city average of 94. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,900, about 15.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 206% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.