$789,900
Gravenhurst
1190 South Morrison Lake Road, Gravenhurst (Wood (Gravenhurst)), Ontario, P0E1G0
This 2-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 900 sq ft of space. Listed at $789,900, it is attractively priced about 27% below the $1,088,000 median asking price in Gravenhurst. It has been on the market 0 days, fresher than the Gravenhurst average of 95 days.
Nestled on the serene shores of Morrison Lake, this fully winterized, four-season lakefront cottage offers the perfect retreat from the hustle and bustle of city life. With 122 feet of sandy shoreline, a gentle entry for swimming, and deeper water at the end of the dock, this property is ideal for both relaxation and adventure. Enjoy breathtaking northwest views from the lakeside deck, just steps from the water, thanks to a grandfathered setback. The family-friendly lot features a beautiful sandy beach and a dedicated play area, making it a haven for children and guests alike.The updated two-bedroom, one-bath bungalow boasts a bright and airy open-concept living space with warm wood floors and a cozy propane stove, perfect for chilly evenings. Step outside onto the expansive deck, designed for effortless entertaining, whether you're grilling, watching the stars or enjoying a peaceful morning coffee. Recent upgrades include a new propane furnace, a UV filtration system, a newer washer and dryer, a spray-foamed crawl space, and a new waterfront deck. The level driveway leads directly to the cottage, ensuring easy year-round access from the municipally maintained road. Beyond summer enjoyment, this property shines in the winter with excellent snowmobile trails and ice fishing opportunities. Whether you're seeking a personal lakeside sanctuary or an investment property with rental potential, this charming cottage checks all the boxes. Priced competitively for ease of financing, this is a rare opportunity to own a piece of paradise on Morrison Lake. The proximity of this retreat to Toronto (just 1 hr 40 min away) make it a convenient yet idyllic escape from city life.Inclusions:See attached List of Inclusions (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 95 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 2-bed single family in Gravenhurst (Wood (Gravenhurst)) has been listed for 0 days, which is 95 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $789,900, about 9.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $154,295 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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