1020 Sutherland Way, Gravenhurst, ON

$899,900
MLS#:X8488958
4 beds
4 baths
2000-2500 sqft
10.0 parking
Residential Freehold
1020 Sutherland Way, Gravenhurst, ON P0E 1N0
⚠️

Property no longer active

This property was sold on July 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 155 x 301 ft lot
  • Features a finished, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

This stunning home, set on a private 1.1-acre lot, offers over 2,500 sq ft of living space and has been extensively updated this past year. With 3+1 bedrooms and 4 bathrooms. The main level features an open concept design with spectacular vaulted ceilings, abundant natural light, and a newly updated kitchen with quartz countertops, refaced cabinets, backsplash and modern fixtures. The new white oak wide plank flooring adds warmth and comfort throughout the home. Upstairs, the spacious primary bedroom includes a walk-in closet and a recently renovated 3-piece ensuite with a gorgeous walk-in shower and custom vanity (2024). Two additional bedrooms, a four-piece bath, and a convenient laundry room complete the upper level. The fully finished basement with a walkout leads to an outdoor oasis, perfect for relaxation with a hot tub, campfire area, and peaceful surroundings. Additional highlights include a screened-in sitting area off the kitchen, an extra deck below, and a 26x24 fully insulated garage equipped with a propane heater and its own thermostat. The garage has direct entry into a large mudroom for added convenience. This home is in a fantastic rural neighbourhood, providing incredible privacy but also surrounded by well-kept estate homes. The location is great, only 15 minutes from both Orillia and Gravenhurst, and less than 10 minutes to reach Sparrow Lake.

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Property Summary

This detached home located at 1020 Sutherland Way, Gravenhurst is currently for sale and has been available on SousaSells for 770 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 1020 Sutherland Way, Gravenhurst is in the Morrison neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Morrison, Gravenhurst.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Morrison, Gravenhurst.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 12, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFinished, Finished with Walk-Out
Lot Size155 × 301 Feet
CountyMuskoka
Annual Tax$3,714.82
Legal DescriptionPCL 5-1 SEC 35M695; LT 5 PL 35M695 MORRISON; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total10.0
Parking Space10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Air Exchanger
  • In-Law Capability

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1020 Sutherland Way, Gravenhurst, ON

Q.What is the asking price for 1020 Sutherland Way, Gravenhurst, ON ?

The current listing price for 1020 Sutherland Way, Gravenhurst, ON in Morrison, Gravenhurst is $899,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 1020 Sutherland Way, Gravenhurst, ON ?

1020 Sutherland Way, Gravenhurst, ON is a Detached (2-Storey) featuring a Finished, Finished with Walk-Out basement.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, In-Law Capability.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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1020 Sutherland Way, Gravenhurst, 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 1020 Sutherland Way, Gravenhurst, ON P0E 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Gravenhurst, ON

For a property listed at $899,900 in Gravenhurst, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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Morrison, Gravenhurst Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Morrison, Gravenhurst.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$807,742

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%

Best Schools in Morrison, Gravenhurst

Elementary Schools

Muskoka Beechgrove
Public395 Muskoka Beach Road, Gravenhurst, Ontario, P1P 1M9
6.2
Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
5.4

Secondary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
6.9

Morrison, Gravenhurst Demographic Home information

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.