The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This lovely two-bedroom, one-bathroom bungalow is in the heart of Gravenhurst, perfectly located close to Gull Lake Park, downtown and all of the amenities Gravenhurst has to offer. Situated on a generous-sized corner lot with Residential Multiple Zone 2 (RM-2) zoning, this property offers plenty of possibilities for both homeowners and investors. Step inside to a welcoming foyer with a good-sized closet, providing a convenient place to keep coats, boots and outdoor gear. The foyer leads into the open-concept kitchen and dining area, where large windows fill the space with natural light and there is plenty of room for a good-sized dining table. The updated kitchen is both functional and inviting, featuring stainless steel appliances, ample cupboard and counter space, and a centre island with seating. The spacious primary bedroom offers a generous closet, while the second bedroom is conveniently located off the large living room. The three-piece bathroom is exceptionally spacious and includes a large laundry closet with a full-sized washer and dryer. The living room features beautiful hardwood floors, a cozy gas fireplace and plenty of room to relax and entertain. A large storage closet provides additional space, while double doors lead directly out to the deck and backyard. Outside, you'll find multiple outbuildings providing plenty of storage, along with an abundance of parking. Whether you're looking for a comfortable starter home, a manageable property for downsizing, or an opportunity with future possibilities, this charming bungalow is in a fantastic location just minutes from downtown Gravenhurst and beaches, parks and tennis courts.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,927/mo
Mortgage (principal + interest)$1,740
Property taxFrom listing: $2,248/yr$187
Minimum $23,250 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$93,000
Ontario land transfer taxProvincial brackets, no first-time refund$5,775
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$101,575
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Gravenhurst has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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