$589,000

For sale

#504 130 Steamship Bay Road, Gravenhurst (Muskoka (S)) - Single Family for Sale

#504 130 Steamship Bay Road, Gravenhurst (Muskoka (S)), Ontario, P1P1Z9

2 beds2 baths2 parking1,100 ft²$1,374/mo condo feeListed 34 days ago

Overview

This 2-bedroom, 2-bathroom condo in Gravenhurst is for sale offering roughly 1,100 sq ft of space. Its $589,000 asking price sits right in line with the $565,000 median in Gravenhurst. It has been on the market 34 days, fresher than the Gravenhurst average of 85 days.

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Description

Welcome to 130 Steamship Bay Road, this inviting 2-bedroom, 2-bathroom condo is ideally situated in the heart of Gravenhurst, offering a low-maintenance lifestyle just steps from the waterfront and Muskoka Wharf. Enjoy morning walks along the boardwalk, afternoons on the golf course at nearby Muskoka Bay Resort, and evenings exploring the area's many restaurants, cafés, shops, and local attractions. Located just minutes from downtown Gravenhurst and surrounded by some of Muskoka's most celebrated lakes, golf courses, marinas, and recreational opportunities, this property is perfectly suited as a year-round home, weekend getaway, or investment opportunity. Experience the best of Muskoka living with convenience, recreation, and natural beauty all within reach of 130 Steamship Bay Road. (id:66096)

Property Details

MLS®: X13848682
Property Type: Single Family
Zoning: C-4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Fireplace: Yes
Condo Fee: $1,374/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,471.98/yr

Rooms

Main level

Kitchen: 3.02 x 3.38 meters
Dining room: 2.69 x 4.67 meters
Family room: 3.18 x 4.67 meters
Primary Bedroom: 7.16 x 3.56 meters
Bathroom: 3.02 x 3.25 meters
Bedroom: 5.16 x 3.15 meters
Bathroom: 1.55 x 3.12 meters

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

Features

Exterior: Hardboard
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Gravenhurst (Muskoka (S)) listings, avg age

85d

Price / ft²

$536

List price

$589K

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 2-bed single family in Gravenhurst (Muskoka (S)) has been listed for 34 days, which is 51 days fresher than the city average of 85. Act while there is still low competition.

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Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty · RICK WOODS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1P)

This home lists at $589,000, about 8.1× the local median household income of $72,500.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$589,000· $536/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$289/mo

Condo fee$1,374/mo

Total monthly$4,741

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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