Overview

This lot in Gravenhurst is for sale. It has been on the market 33 days, fresher than the Gravenhurst average of 73 days.

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Description

An opportunity to own a beautiful waterfront lot on Bass Lake in Gravenhurst, offering over 1 acre of land and approximately 250 feet of shoreline with desirable northwest exposure. Enjoy fabulous lake views and afternoon and evening sun from this spacious waterfront property, with plenty of room to explore the possibilities for your future Muskoka retreat. Conveniently located within easy reach of Gravenhurst and area amenities while still offering a peaceful lakeside setting. The property is subject to deeded access in favour of multiple area residents. With continued development and new residents purchasing and building on surrounding lots, there may also be potential to explore offering additional deeded lake access, presenting unique investment opportunities for the future. Buyers are advised to conduct their own due diligence regarding existing and potential deeded access, permitted uses, development potential, building requirements and all other aspects relating to the property and intended use. With an impressive stretch of shoreline, generous acreage and beautiful northwest exposure, this is a unique opportunity to secure a substantial piece of waterfront on Bass Lake with plenty of possibilities to explore. (id:66096)

Market Timing

Days on market

33d

Gravenhurst (Ryde) listings, avg age

73d

List price

$250K

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 (Ryde) has been listed for 33 days, which is 40 days fresher than the city average of 73. Act while there is still low competition.

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Area context

Neighbourhood profile (P1P)

This home lists at $250,000, about 3.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $48,834 (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)

$250,000

For sale

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#LOT 18 1037 Thomas Road, Gravenhurst (Ryde) - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (P1P)

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