36 Murphy Road, Georgian Bay, ON

$699,000
MLS#:X9252007
3 beds
1 baths
< 700 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a spacious lot (Acres)
  • 8.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating via other

Description

Wow the views are breathtaking from this cottage and rocky point with a hard sand beach for easy entry to pristine swimming. The great privacy is courtesy of an old growth pine, cedar and hemlock forest. The cottage needs work, but this could be just the project youve been waiting for with easy road access only 5 minutes west of HWY 400 on beautiful Gibson Lake, one of the cleanest lakes in south Muskoka.

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Property Summary

This detached home located at 36 Murphy Road, Georgian Bay is currently for sale and has been available on SousaSells for 705 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 3 beds, 1 bathroom, and is < 700 square feet. 36 Murphy Road, Georgian Bay is in the Gibson neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
CountyMuskoka
Annual Tax$2,522
Legal DescriptionPCL 15871 SEC MUSKOKA; SUMMER RESORT LT 2 PL M286 GIBSON; PT RDAL IN FRONT OF LT 17 CON 3 GIBSON PT 2 35R17898; PT ORIGINAL SHORE RDAL IN FRONT OF THE RDAL BTN CON 2 & 3 IN FRONT OF LT 17 CON 3 GIBSON PT 5 35R17898; PT RDAL BTN CON 2 & 3 IN FRONT OF LT 17 CON 3 GIBSON PT 8 35R17898 CLOSED BY LT217740; GEORGIAN BAY ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingNone

Features

Property Features

Beach, Lake Access, Waterfront, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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36 Murphy Road, Georgian Bay, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 36 Murphy Road, Georgian Bay, ON L0K 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Georgian Bay.

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Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Georgian Bay, ON

For a property listed at $699,000 in Georgian Bay, the legal minimum down payment is $44,900 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 $10,455 for this transaction. As this listing is in Georgian Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gibson, Georgian Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$914,493

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.