1025 North Morrison Lake Road, Gravenhurst, ON
Property no longer active
This property was sold on March 10, 2025. 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 Wood (Gravenhurst). Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $1,325,000 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.
- 4 Bedrooms and 1 Bathroom
- Premium 163 x 368.11 ft lot size
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned, Water Softener, Propane Tank
- Efficient baseboard heating via electric
Description
Enjoy the year round magic of Muskoka in this charming, fully winterized three bedroom waterfront home. Situated on Morrison Lake where you can enjoy stunning sunsets every evening! Full sun exposure all day with west, south and eastern views. Open concept living/dining/kitchen area features a propane-fueled fireplace with a walkout to the deck overlooking the lake. This property also houses an almost 200 sq.ft. bunkie suite with one bedroom, its own composting toilet and a plumbing free sink. This home is essentially turnkey with many recent upgrades, wood flooring throughout and a great place to entertain! Luxurious outdoor shower, stainless steel appliances, huge 432 sq ft garage and large fire pit for marshmallow roasts and star gazing. Newly implemented engineered wooden stairs with integrated landings that lead you down to the incredible docks! Plenty of space for your boat(s), jet skis and more! Quiet seasonal living only 20 minutes from Gravenhurst that has all the shops/restaurants your heart could desire!
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Property Summary
This detached home located at 1025 North Morrison Lake Road, Gravenhurst is currently for sale and has been available on SousaSells for 566 days. This property is listed at $1,325,000 with an estimated mortgage of $4,410* per month. It has 4 beds, 1 bathroom, and is unknown square feet. 1025 North Morrison Lake Road, Gravenhurst is in the Wood (Gravenhurst) neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Wood (Gravenhurst), Gravenhurst.
- •4 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Detached architecture in Wood (Gravenhurst), Gravenhurst
Growing families needing multi-bedroom flexibility and space in Wood (Gravenhurst), Gravenhurst.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Lake Access
- Marina
- Waterfront
- Sloping
Interior Features
- Water Heater Owned
- Water Softener
- Propane Tank
- Primary Bedroom - Main Floor
- Guest Accommodations
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1025 North Morrison Lake Road, Gravenhurst, ON
Q.What is the asking price for 1025 North Morrison Lake Road, Gravenhurst, ON ?
The current listing price for 1025 North Morrison Lake Road, Gravenhurst, ON in Wood (Gravenhurst), Gravenhurst is $1,325,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 1 bathroom.
Q.What property type and architectural style is 1025 North Morrison Lake Road, Gravenhurst, ON ?
1025 North Morrison Lake Road, Gravenhurst, ON is a Detached (Bungalow) featuring a None basement.
Q.What key property features does 1025 North Morrison Lake Road, Gravenhurst, ON offer?
Key property features include: Clear View, Lake Access, Marina, Waterfront, Sloping.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned, Water Softener, Propane Tank, Primary Bedroom - Main Floor, Guest Accommodations, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $1,325,000 in Gravenhurst, the legal minimum down payment is $265,000 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 $22,975 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 $22,975.
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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.