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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $164,499 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
INCREDIBLE TURN-KEY INVESTMENT OPPORTUNITY ON LAKE MUSKOKA! Turn your Muskoka getaway into a smart investment with this incredible suite at the Residence Inn by Marriott Muskoka Wharf in Gravenhurst. Fully furnished with tasteful finishes and timeless design, this 1-bedroom unit spans over 500 sq ft and features a kitchen with stainless steel appliances, an eating area, and a living room enhanced by a gas fireplace and walkout to a private balcony with water views. The primary bedroom is appointed with a king bed, while the 4-piece bathroom completes the layout. Owners enjoy 35 days of personal use per year with the balance in a hotel-managed rental program that potentially generates income. Premium amenities include concierge service, fitness room, indoor pool and hot tub, media room, party room, business centre, coin laundry, daily continental breakfast, and a 24-hour coffee and tea bar. Situated directly on Lake Muskoka, you are steps from the scenic Muskoka Wharf boardwalk, the interactive Muskoka Discovery Centre, and Bethune Memorial House. Enjoy lakeside walks on the Peninsula Trail, catch a show at the nearby Opera House, explore local parks, and dine at a variety of restaurants, with year-round activities including boating, swimming, golfing, hiking, biking, snowmobiling, and ice fishing at your fingertips. An ideal opportunity to own in Muskoka with personal enjoyment and potential income all in one!
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The current listing price for 285 Steamship Bay Road, Unit 8, Gravenhurst, ON in Muskoka (S), Gravenhurst is $164,499.
This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.
285 Steamship Bay Road, Unit 8, Gravenhurst, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Key property features include: Arts Centre, Golf, Lake/Pond, Waterfront, Park, Other.
Interior highlights include: Primary Bedroom - Main Floor.
Security features include: Concierge/Security.
Yes, this property offers parking space for 0.0 vehicle (None).
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 285 Steamship Bay Road 410, Gravenhurst, ON P1P 1Z9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.
About Purchasing a Home in Gravenhurst, ON
For a property listed at $164,499 in Gravenhurst, the legal minimum down payment is $8,225 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,370 for this transaction. As this listing is in Gravenhurst (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,370.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.