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$1,095,000
Gravenhurst
#COTTAGE 1055 West Bank Drive, Gravenhurst (Morrison), Ontario, P0E1G0
This 3-bedroom, 1-bathroom home in Gravenhurst is for sale offering roughly 900 sq ft of space. It has been on the market 82 days, fresher than the Gravenhurst average of 95 days.
Experience four-season Muskoka living just steps from the water on beautiful Kahshe Lake! Completely renovated from top to bottom, this charming cottage offers the perfect blend of modern comfort and classic Muskoka living. With extensive updates throughout, including a new kitchen, flooring, roof, siding and a brand-new deck, there is nothing left to do but enjoy this move-in-ready retreat. Set on 110 feet of shoreline, the property offers an exceptional waterfront setting with the lake just steps from your door. Spend your days swimming, boating and relaxing by the water, then gather on the new deck to enjoy the peaceful Muskoka surroundings. Inside, the 3-bedroom cottage has been thoughtfully updated throughout, with a modern kitchen featuring built-in appliances and a countertop range, along with fresh finishes and a comfortable, functional layout. Located with great road access and close to one of the lake's best bays, the property combines a peaceful cottage setting with everyday convenience. Just minutes away from Gravenhurst, providing easy access to shopping, restaurants, groceries and all the amenities you need. The adjacent waterfront lot is also available for sale separately, offering an exciting opportunity for buyers looking to expand their Muskoka footprint, create additional space for family and guests, or explore future possibilities. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 82 days on market, against an average age of 95 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 3-bed single family in Gravenhurst (Morrison) has been listed for 82 days, which is 13 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,095,000, about 13.2× the local median household income of $83,000.
Carrying it typically needs a household income of about $213,892 (20% down, 25-yr amortization, stress-tested) — roughly 158% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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