$399,900

For sale

#207 120 Carrick Trail, Gravenhurst (Muskoka (S)) - Single Family for Sale

#207 120 Carrick Trail, Gravenhurst (Muskoka (S)), Ontario, P1P1T9

0 beds1 bath1 parking250 ft²$390/mo condo feeListed 26 days ago

Overview

This 1-bathroom condo in Gravenhurst is for sale offering roughly 250 sq ft of space. Listed at $399,900, it is attractively priced about 29% below the $565,000 median asking price in Gravenhurst. It has been on the market 26 days, fresher than the Gravenhurst average of 85 days.

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

Description

Looking for a truly hands-off investment in the heart of Muskoka? Welcome to Muskoka Bay Resort Condos - a fully managed, hotel-inspired resort village by Freed Developments. This modern and contemporary studio suite offers 390 sqft of thoughtfully designed living space, plus a 100 sqft balcony with peaceful golf course views. Offered fully furnished, the suite features hardwood flooring, a sleek kitchen with island and backsplash, and refined finishes throughout. One parking space is included. Set within a serene natural landscape of Canadian Shield rock, winding trails, ravines and ponds, this resort is a nature lover's dream and a year-round destination. An exceptional opportunity to own in one of Muskoka's most desirable and well-managed resort communities. Enjoy access to the Pro Shop and Clubhouse, plus over 17,000 sq ft of resort-style amenities including two cliff-top pools, fitness centre, tennis courts, skating rinks, pickleball, bicycles, golf, hiking trails, and swimming. (id:66096)

Property Details

MLS®: X13880836
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $390/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,670/yr
Listed: 26 days ago

Rooms

Flat

Living room: 2.44 x 2.74 meters
Kitchen: 2.44 x 2.74 meters
Bedroom: 3.05 x 2.74 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, Dryer, Microwave, Cooktop
Flooring: Hardwood
Exterior: Brick
Lot Features: Wooded area, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Gravenhurst (Muskoka (S)) listings, avg age

85d

Price / ft²

$1,603

List price

$400K

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 single family in Gravenhurst (Muskoka (S)) has been listed for 26 days, which is 59 days fresher than the city average of 85. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · JUSTIN CHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $399,900, about 5.5× the local median household income of $72,500.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 8% 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)

$399,900· $1,603/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$223/mo

Condo fee$390/mo

Total monthly$2,719

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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