1010 Severn River Road, Gravenhurst, ON
Property no longer active
This property was sold on August 13, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $599,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 100 x 125.86 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via wood
Description
CHARMING ALL-SEASON WATERFRONT HOME BOASTING 100 FEET OF FRONTAGE ON THE SEVERN RIVER! This quaint bungalow is a hidden gem in Muskoka, located just 15 minutes north of Orillia, 35 minutes from Barrie, and a little over an hour from the GTA. Nestled on a premium .29-acre lot with 100 feet of frontage on the scenic Severn River, which leads to Sparrow Lake and the Trent-Severn Waterway, this all-season home or cottage offers endless opportunities. Step inside to discover a beautifully maintained open floor plan featuring large windows that flood the space with natural light and a charming Napoleon wood-burning fireplace. The home boasts two spacious bedrooms, perfect for family and guests. The updated 4-piece bathroom adds a touch of modern luxury. You'll find ample parking, towering mature trees, and stunning gardens surrounding the property. The expansive green spaces in the front and backyard are perfect for summer activities, while the deck invites you to host unforgettable BBQs. The riverside dock is an idyllic spot to watch the boats go by, enjoy fishing, or simply unwind, complete with a designated inlet for your water toys. With an attached garage and a covered outdoor storage area for canoes, kayaks, and paddle boards, this property is ready for your outdoor adventures. Take advantage of this rare opportunity to own a slice of paradise on the Severn River! #HomeToStay
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Property Summary
This detached home located at 1010 Severn River Road, Gravenhurst is currently for sale and has been available on SousaSells for 741 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 1010 Severn River Road, Gravenhurst is in the Morrison neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Morrison, Gravenhurst.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1100-1500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Campground
- Place Of Worship
- Rec./Commun.Centre
- River/Stream
- School Bus Route
- School
Interior Features
- Water Heater Owned
Security Features
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 1010 Severn River Road, Gravenhurst, ON
Q.What is the asking price for 1010 Severn River Road, Gravenhurst, ON ?
The current listing price for 1010 Severn River Road, Gravenhurst, ON in Morrison, Gravenhurst is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1100-1500 sqft.
Q.What property type and architectural style is 1010 Severn River Road, Gravenhurst, ON ?
1010 Severn River Road, Gravenhurst, ON is a Detached (Bungalow) featuring a Crawl Space, Unfinished basement.
Q.What key property features does 1010 Severn River Road, Gravenhurst, ON offer?
Key property features include: Campground, Place Of Worship, Rec./Commun.Centre, River/Stream, School Bus Route, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.What security features are installed at 1010 Severn River Road, Gravenhurst, ON ?
Security features include: Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Wood and cooling via None.
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $599,000 in Gravenhurst, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.