
1240 North Kahshe Lake Road · #2
DetachedMorrison, Gravenhurst
X14129908, Sotheby's International Realty Canada



Muskoka (S), Gravenhurst · Commercial · Investment
Last updated by the listing brokerage Aug 21, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $5,500 | — | MLS® listing |
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Sign in to view historyUnique Residential & Commercial Property with Exceptional Versatility. This rare offering combines residential living with commercial potential and features ample on-site parking for owners, guests, and patrons. The property includes a total of 6 bedrooms and multiple living areas. The main residence offers 4 bedrooms and 4 bathrooms. The lower level features a self-contained 1-bedroom apartment with a full kitchen, 4-piece bathroom, and separate entrance. A studio/bachelor unit at the rear of the property provides an additional bedroom option and further income potential. A standout feature is the large entertainment and theatre space with seating capacity for approximately 114 people, complete with a bar area, two washrooms (including one wheelchair accessible), and access to the previously licensed side patio. Additional office space offers flexibility for business or administrative use. Zoned Residential with Commercial C2, the property is located in a high-visibility area with easy access to Highway 11. Previously operated as a very successful Bed & Breakfast and live music venue, this property is well known within the community. Ideal for continued hospitality use, a home-based business, or a unique residential investment, this property offers multiple income streams and endless possibilities. A truly one-of-a-kind opportunity with strong upside potential.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Gravenhurst has no municipal land transfer tax (Toronto does).
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