1003 North Shore Drive, Gravenhurst, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Muskoka (S). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $735,000 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
- Premium 158.78 x 418.07 ft lot size
- equipped with no central cooling and highly efficient propane gas heating via propane
Description
Ideal Live/Work on this pretty 1.8 acre corner lot filled with mature coniferous and deciduous trees and rock outcroppings. This unique Commercially Zoned C-2A property offers the perfect combination of commercial space with allowing a residential dwelling on the same lot (dwelling allowed because a house exists so can either renovate or tear down and rebuild with a 3 year time line). This corner lot faces Bethune allowing for great commercial signage exposure. Only 2 minutes to HWY 11 for commuting. Present family dwelling is being sold as is where is ... house needs renovating - has 3 bedrooms, open concept kitchen living room with newer Napoleon gas fireplace(6 yrs) for heating the entire house, 4 pc bathroom, additional large room on upper level could be art studio or rec rm or 4th bedroom, sliding doors from living room lead to a back deck and lower patio area surrounded in perennials (a little TLC will bring back to former glory). The lower patio off the living room once housed a hot tub. The large master bedroom has french doors overlooking deck and side yard. There is a working dug well and septic for house. North Shore Dr is an access road for cottages on Gull Lake. Historically the OFSC D-Trail follows a section of this road. Some Commercial permitted uses are bed and breakfast, building supplies outlet, commercial entertainment, commercial parking facility, garden centre, funeral home, body shop, dealership, nursing home, religious institution, restaurant and more (see attachment for Commercial Permitted Uses C-2, C-2A from Town of Gravenhurst Zoning By-law Section 18: 18-1, 18-2, 18-3, 18-4, 18-5). Easy to show. Fast closing available.
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Property Summary
This commercial retail located at 1003 North Shore Drive, Gravenhurst is currently for sale and has been available for 11 days. This property is listed at $735,000 with an estimated mortgage of $2,447* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 1003 North Shore Drive, Gravenhurst is in the Muskoka (S) neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Muskoka (S), Gravenhurst.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Commercial Retail architecture in Muskoka (S), Gravenhurst
Families, couples, or downsizers looking for a well-proportioned home in Gravenhurst.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Major Highway
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Gravenhurst?
If you are looking for a house in Gravenhurst or researching Gravenhurst real estate for sale, this 3-bedroom commercial retail at 1003 North Shore Drive, Gravenhurst, ON offers an exceptional opportunity to buy a home in Gravenhurst, Ontario. Whether you are a first-time Gravenhurst home buyer or comparing active Gravenhurst MLS® homes for sale, working with a dedicated Gravenhurst buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Gravenhurst Buyer Budget & Costs
Estimated mortgage: $2,447*/month*. Estimated Ontario Land Transfer Tax: $11,175. First-time Gravenhurst home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Gravenhurst
Frequently Asked Questions about 1003 North Shore Drive, Gravenhurst, ON
Q.What is the asking price for 1003 North Shore Drive, Gravenhurst, ON ?
The current listing price for 1003 North Shore Drive, Gravenhurst, ON in Muskoka (S), Gravenhurst is $735,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom.
Q.What property type and architectural style is 1003 North Shore Drive, Gravenhurst, ON ?
1003 North Shore Drive, Gravenhurst, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What security features are installed at 1003 North Shore Drive, Gravenhurst, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Muskoka (S), Gravenhurst
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 1003 North Shore Drive, Gravenhurst, ON P1P 1R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $735,000 in Gravenhurst, the legal minimum down payment is $48,500 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 $11,175 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 $11,175.
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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.
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