$869,000

For sale

1283 West Lionshead Road, Gravenhurst (Wood (Gravenhurst)) - Single Family for Sale

1283 West Lionshead Road, Gravenhurst (Wood (Gravenhurst)), Ontario, P0E1G0

3 beds1 bath8 parking900 ft²100 × 331 ft (33,110 sq ft) lot sizeListed 82 days ago

Overview

This 3-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 900 sq ft of space. Listed at $869,000, it is attractively priced about 20% below the $1,088,000 median asking price in Gravenhurst. It has been on the market 82 days, fresher than the Gravenhurst average of 94 days.

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Description

Looking for a solid, fully winterized 4-season cottage on the Severn River for the family?This place offers continuous boating right from the new dock in the warmer months - you can head over to Sparrow Lake pretty quickly, or keep going through the Trent-Severn system toward Georgian Bay, Lake Simcoe, or further if you've got the time. It's also a great stretch just for hanging out and watching the boats go by.In winter it's equally ready. West Lionshead Road stays open year-round (yearly road fee), giving easy drive-in access for snowmobiles and winter getaways. The area has solid trail connections, so you can ride right from the property or nearby. The main cottage has two bedrooms, plus a bunkie/cabin close by with two more bunk beds - plenty of room for family or friends after a day on the trails. There's lots of deck space, a sunroom, and solid water views from inside. Southeast exposure brings nice morning light and sunshine through most of the day.It's fully winterized and set up for year-round use: new mini-split for heat and A/C, insulated water line, skirted crawlspace, wood stove, and baseboard heat. No further upgrades needed to enjoy it in the cold months.Simple, functional, and ready for the family in every season - summer boating or winter snowmobiling and cozy nights by the wood stove. (id:66096)

Property Details

MLS®: X13675936
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 100 × 331 ft (33,110 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Heat Pump, Baseboard heaters, Electric, Wood
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Kitchen: 3.05 x 3.96 meters
Living room: 6.1 x 4.88 meters
Sunroom: 4.67 x 2.95 meters
Bedroom: 3.66 x 2.95 meters
Bedroom 2: 2.74 x 2.95 meters
Bedroom 3: 3.66 x 2.05 meters

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

Features

Appliances: Refrigerator, Oven, Window Coverings, Water Heater
Exterior: Wood

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

82d

Gravenhurst (Wood (Gravenhurst)) listings, avg age

94d

Price / ft²

$966

List price

$869K

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 3-bed single family in Gravenhurst (Wood (Gravenhurst)) has been listed for 82 days, which is 12 days fresher than the city average of 94. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · BEN ROSS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $869,000, about 10.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $169,746 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$869,000· $966/ft²

For sale

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Full Cost Breakdown

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Down Payment7.12% · $61,900.00

Min 7.12%50%

Mortgage payment$4,475/mo

↳ CMHC premium ($32,284 capitalized)

Property tax (est.)$308/mo

Total monthly$4,783

Cash Needed to Close

Down payment (7.12%)$61,900

Land transfer tax$13,855

Est. closing costs$5,107

Total cash needed$80,862

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