LT 46 Phillip Street, Gravenhurst (Muskoka (S)) - Vacant Land for Sale

LT 46 Phillip Street, Gravenhurst (Muskoka (S)), Ontario, P1P1S6

8,428 ft²122 × 68 ft (8,296 sq ft) lotListed 89 days ago

Overview

This lot in Gravenhurst is for sale offering roughly 8,428 sq ft of space.

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Description

PRIME IN-TOWN DEVELOPMENT OPPORTUNITY! Previously three separate parcels, now successfully consolidated into ONE BUILDABLE PARCEL with a new PIN assigned-saving a developer time, cost, and administrative work. Zoned Residential Multiple One (RM-1) with potential for up to 5 dwelling units, subject to Town approval and buyer verification. Ideal for a multiplex, rental development, multi-generational housing, or senior co-housing/shared-living project. Located in the heart of Gravenhurst, steps to Gull Lake Park and close to downtown, shopping, and waterfront amenities. Municipal water and sewer available at the road. Property is located within the Gravenhurst Community Improvement Program (CIP) area and may qualify for various grants/incentives. Buyers are encouraged to check with the Town of Gravenhurst regarding zoning, permitted uses, servicing, grants, and development opportunities. VTB financing may be available for qualified buyers. (id:66096)

Property Details

MLS®: X13650984
Property Type: Vacant Land
Business Type: Residential
Zoning: RM-1
Interior Size: 8,428 ft²
Lot Size: 122 × 68 ft (8,296 sq ft)
Frontage: 122 ft
Property Tax: $1,221/yr
Listed: 89 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

89d

Gravenhurst (Muskoka (S)) listings, avg age

85d

Price / ft²

$31

List price

$259K

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 vacant land in Gravenhurst (Muskoka (S)) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE GOLCONDA REALTY INC. · TRACY JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $259,000, about 3.6× the local median household income of $72,500.

Carrying it typically needs a household income of about $50,592 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$259,000· $31/ft²

For sale

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Financing

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