$575,000

For sale

251 James Street West, Gravenhurst (Muskoka (S)) - Single Family for Sale

251 James Street West, Gravenhurst (Muskoka (S)), Ontario, P1P1J7

3 beds2 baths2 parking1,300 ft²66 × 132 ft (8,712 sq ft) lot sizeListed 49 days ago

Overview

This 3-bedroom, 2-bathroom home in Gravenhurst is for sale offering roughly 1,300 sq ft of space. Listed at $575,000, it is attractively priced about 25% below the $769,900 median asking price in Gravenhurst. It has been on the market 49 days, fresher than the Gravenhurst average of 86 days.

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Description

The Top 5 Reasons You'll Love This Home: 1) Right in the heart of Gravenhurst. Enjoy the convenience of in-town living with shops, restaurants, parks and everyday amenities all within easy reach. 2) A backyard you'll actually use. The spacious, fully fenced backyard offers plenty of room for kids and pets to play, summer entertaining and enjoying time outside. 3) Your own Muskoka Room. A comfortable space to relax, entertain or enjoy your morning coffee - extending your living space and bringing that quintessential Muskoka feeling home. 4) A main-floor primary suite. The main-floor primary bedroom features its own ensuite, creating a comfortable and private retreat away from the additional bedrooms. 5) Flexible space for the whole family. Two additional bedrooms plus a den/family room give you plenty of options for guests, a home office, kids' space or a second living area. Main-level laundry adds even more convenience. (id:66096)

Property Details

MLS®: X13795558
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 66 × 132 ft (8,712 sq ft)
Frontage: 66 ft
Storeys: 1
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,561.29/yr
Listed

Rooms

Main level

Foyer: 3.93 x 1.87 meters
Living room: 5.8 x 4.39 meters
Kitchen: 3.56 x 4.39 meters
Primary Bedroom: 4.52 x 2.73 meters
Family room: 5.36 x 3.67 meters
Laundry room: 1.21 x 2.94 meters
Bathroom: 1.35 x 1.12 meters
Bathroom: 2.02 x 1.98 meters

Second level

Bedroom: 3.44 x 3.41 meters
Bedroom: 2.26 x 3.41 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Freezer, Window Coverings
Foundation: Block
Exterior: Vinyl siding
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Gravenhurst (Muskoka (S)) listings, avg age

86d

Price / ft²

$442

List price

$575K

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 (Muskoka (S)) has been listed for 49 days, which is 37 days fresher than the city average of 86. Act while there is still low competition.

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Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty · CRYSTAL VIENNEAU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $575,000, about 7.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 55% 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)

$575,000· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$213/mo

Total monthly$3,221

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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