$729,000

For sale

571 Muskoka Road North, Gravenhurst (Muskoka (S)) - Single Family for Sale

571 Muskoka Road North, Gravenhurst (Muskoka (S)), Ontario, P1P1E7

3 beds3 baths10 parking66 × 132 ft (8,712 sq ft) lot sizeListed 167 days ago

Overview

This 3-bedroom, 3-bathroom home in Gravenhurst is for sale. Listed at $729,000, it is attractively priced about 5% below the $769,900 median asking price in Gravenhurst.

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

Description

Rare mixed-use investment opportunity featuring a semi-detached building comprised of two fully independent units with separate entrances, offering exceptional flexibility for owner-users, investors, or live-work arrangements. The first unit is professionally outfitted as a fully operational animal hospital, making it ideal for veterinary, medical, or specialty professional use. The established commercial layout provides functional workspace and excellent street presence for a variety of business operations. The second unit offers a spacious residential configuration across two storey's plus a finished basement. This well-appointed space includes 3 bedrooms, 2 bathrooms, and a bright main-floor living area complete with a full kitchen and dining space. Perfect for owner occupancy, staff accommodation, rental income, or conversion to additional professional office space. (id:66096)

Property Details

MLS®: X13161204
Property Type: Single Family
Zoning: Residence with a commercial/industrial unit
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 10
Lot Size: 66 × 132 ft (8,712 sq ft)
Frontage: 66 ft
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage, Shared
Property Tax: $3,790/yr
Listed: 167 days ago

Rooms

Basement

Other: 6.89 x 10.03 meters

Main level

Sunroom: 2.9 x 3.02 meters
Dining room: 3.2 x 3.32 meters
Kitchen: 4.02 x 3.38 meters
Living room: 3.96 x 7.28 meters
Bedroom: 3.26 x 3.38 meters
Foyer: 3.96 x 2.23 meters

Upper Level

Bedroom 2: 4.39 x 4.3 meters
Primary Bedroom: 4.39 x 4.54 meters

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

Features

Foundation: Block, Concrete
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

167d

Gravenhurst (Muskoka (S)) listings, avg age

86d

List price

$729K

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)) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by Chestnut Park Real Estate · JESSICA KAYE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $729,000, about 10.1× the local median household income of $72,500.

Carrying it typically needs a household income of about $142,399 (20% down, 25-yr amortization, stress-tested) — roughly 96% 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)

$729,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.57% · $47,900

Min 6.57%50%

Mortgage payment$3,776/mo

↳ CMHC premium ($27,244 capitalized)

Property tax (est.)$316/mo

Total monthly$4,092

Cash Needed to Close

Down payment (6.57%)$47,900

Land transfer tax$11,055

Est. closing costs$4,687

Total cash needed$63,642

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator