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

For saleJust listed

Yesterday

$465K

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.

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

For saleJust listed

5 days ago

$999K

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

2 bd1 ba4 pk1,300 ft²Lot size 232 × 188 ft (1.00 acres)

Listed by Sotheby's International Realty Canada

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.

Investment analysis

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$395,000

Gravenhurst

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$395,000

For sale

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151 Royal Street, Gravenhurst (Muskoka (S)) - Single Family for Sale

151 Royal Street, Gravenhurst (Muskoka (S)), Ontario, P1P1H5

2 beds2 baths10 parking1,300 ft²66 × 137 ft (9,042 sq ft) lot sizeListed 84 days ago

Overview

This 2-bedroom, 2-bathroom home in Gravenhurst is for sale offering roughly 1,300 sq ft of space.

Houses for Sale in Gravenhurst →All real estate in Gravenhurst →

Description

Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities. (id:66096)

Property Details

MLS®: X13665672
Property Type: Single Family
Zoning: C1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 10
Interior Size: 1,300 ft²
Lot Size: 66 × 137 ft (9,042 sq ft)
Frontage: 66 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $1,996.41/yr
Listed: 84 days ago

Rooms

Main level

Other: 7.32 x 9.45 meters

Second level

Bathroom: 1.93 x 1.75 meters
Kitchen: 2.41 x 3.12 meters
Living room: 4.14 x 3.43 meters
Bedroom: 3.4 x 3.56 meters
Bedroom 2: 2.92 x 2.24 meters
Foyer: 1.27 x 2.92 meters

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

Features

Appliances: Refrigerator, Water meter, Stove, Water Heater
Foundation: Stone
Exterior: Concrete Block
Lot Features: Level lot, Level

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Gravenhurst (Muskoka (S)) listings, avg age

85d

Price / ft²

$304

List price

$395K

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 84 days, which is 1 days fresher than the city average of 85. Act while there is still low competition.

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Listed by Chestnut Park Real Estate · KAREN WHITE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $395,000, about 5.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$395,000· $304/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$166/mo

Total monthly$2,247

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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