$525,000
Gravenhurst
295 Bishop Street, Gravenhurst (Muskoka (S)), Ontario, P1P1J6
This 2-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 1,300 sq ft of space. Listed at $525,000, it is attractively priced about 32% below the $769,900 median asking price in Gravenhurst.
Welcome to effortless one-floor living in the heart of Gravenhurst! This beautifully updated bungalow is the perfect opportunity for those looking to downsize without compromising on style or comfort. Extensive renovations over the last five years include new flooring, entryway with updated stairs, new interior doors, fresh paint throughout the interior and exterior, and added closet and storage solutions in the mudroom. This home is truly move-in ready. The newly renovated kitchen is a true highlight, featuring a centre island perfect for storage and casual dining, opening seamlessly into an informal dining area - ideal for everyday meals. For larger gatherings, a formal dining space connects to the expansive living area, creating a natural flow throughout the main floor. The newly renovated bathroom carries the same modern, clean aesthetic found throughout the home. Retreat to the primary bedroom, complete with a walk-in closet. New gas furnace installed 2026. Step through the walkout onto your private deck, where a charming pergola sets the scene for relaxed outdoor entertaining, overlooking a fully fenced backyard - perfect for morning coffee or hosting family and friends. Just a five-minute walk to the beach at Gull Lake Park, enjoy nature and recreation right at your doorstep. The full basement offers exciting potential for future development, and C-2 zoning opens the door to possibilities beyond residential use - making this an ideal choice for anyone looking to run a home-based business. Whether you're simplifying your lifestyle or seeking a versatile property in a sought-after Muskoka community, this one truly checks all the boxes. (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.
Long Listed: 188 days on market, against an average age of 86 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 (Muskoka (S)) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $525,000, about 7.2× the local median household income of $72,500.
Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1P)
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