



$439,000
Gravenhurst
200 Nelson Street, Gravenhurst (Muskoka (S)), Ontario, P1P1K7
This lot in Gravenhurst is for sale. It has been on the market 55 days, fresher than the Gravenhurst average of 85 days.
Excellent opportunity to acquire 0.731 acres of vacant commercial land in downtown Gravenhurst. Prominently located at the corner of Nelson Street and Clarence Street, along a main thoroughfare into the downtown core and just north of the Highway 11 interchange at Muskoka Road. The property is only minutes from Gravenhurst's primary commercial amenities, including Home Depot, Sobeys, Starbucks, McDonald's, hotels and other national and local retailers and services. The site abuts the railway and offers convenient access to both downtown Gravenhurst and Highway 11.C-2 zoning permits a broad range of commercial and employment uses, including Bed and Breakfast Establishment, Health Services, Repair Service Shop, Office, Manufacturing, Processing, Assembling or Fabricating Plant, Restaurant, Commercial Entertainment, Motor Vehicle Body Shop, Retail Convenience Store and numerous other permitted uses. See attached zoning information for full details. Municipal water, hydro and natural gas are available at the lot lines. The property is currently municipally owned and property taxes will be reassessed following the sale. Estimated future taxes are approximately $5,250 per year. A well-located commercial development opportunity in the heart of Gravenhurst with excellent access, visibility and flexible zoning. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 85 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 vacant land in Gravenhurst (Muskoka (S)) has been listed for 55 days, which is 30 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $439,000, about 6.1× the local median household income of $72,500.
Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1P)
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