1183 11 Highway South, Gravenhurst (Morrison) - Vacant Land for Sale

1183 11 Highway South, Gravenhurst (Morrison), Ontario, P0E1N0

22 acres lotListed 106 days ago

Overview

This lot in Gravenhurst is for sale.

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Description

THE LAND IS IMPRESSIVE. THE HIGHWAY ACCESS IS THE GAME CHANGER! Discover 22.48 acres of opportunity along Highway 11 in Gravenhurst, where exceptional visibility, strategic location, and significant infrastructure investment come together in the heart of Muskoka. What truly sets this property apart is its MTO Entrance Permit and professionally engineered acceleration and deceleration lanes, completed in 2024-a substantial investment that provides an important advantage for buyers considering future commercial operations. With a combination of C3 Commercial, Rural, and Environmental Protection (EP) zoning, this property offers a unique mix of commercial possibilities and natural surroundings. The commercial frontage features a prepared yard and an administration building equipped with hydro, providing an established starting point for business operations. Beyond the commercial area, mature woodlands offer privacy and a beautiful natural backdrop. Whether you're an entrepreneur looking to establish a presence along a major highway, an expanding business seeking additional space, or an investor exploring long-term opportunities, 1183 Highway 11 deserves your attention. With approx. 22.48 acres, valuable highway infrastructure, and excellent exposure, this is more than a parcel of land-it's an opportunity to build on an investment already made. THE LOCATION GETS YOU NOTICED. THE INFRASTRUCTURE SETS YOU APART. THE OPPORTUNITY IS YOURS TO EXPLORE! (id:66096)

Property Details

MLS®: X13590866
Property Type: Vacant Land
Zoning: Commercial/Rural
Lot Size: 22 acres
Frontage: 373 ft
Price per Acre: $55,605 per acre
Property Tax: $868.68/yr
Listed: 106 days ago

Features

Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

106d

Gravenhurst (Morrison) listings, avg age

94d

List price

$1.25M

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 vacant land in Gravenhurst (Morrison) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SUTTON GROUP INCENTIVE REALTY INC. · MARIA CASULA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $1,250,000, about 15.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 194% 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)

$1,250,000

For sale

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Financing

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