
This property was sold on October 11, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $795,000 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.
SOLD FIRM PENDING RECEIPT OF DEPOSIT. Nestled on the serene shores of Kahshe Lake, this charming cottage offers a perfect blend of comfort and tranquility. With three cozy bedrooms, a spacious living room, and an inviting eat-in kitchen, it's ideal for both relaxation and entertaining. Step outside onto the approximately 600 ft of decking , where breathtaking views of the lake unfold just a few feet away. Boasting 110feet of pristine lakefront, this retreat promises endless opportunities for waterfront activities and memorable sunsets. Whether you're seeking a peaceful getaway or a place to create lasting memories with loved ones, this cottage on Kahshe Lake offers the perfect lakeside escape. There is a newer 8 ft x 16 ft dock with a ramp that is attached to the shore during the spring and summer months and disconnected from the shore for the winter months. The South Kahshe Lake Road is Maintained year-round by the municipality. A portion is the road leading to the cottages on Grants Bay is the responsibility of the South Kahshe Lake Cottage Association. Furniture and furnishings are included. This property is being sold "AS IS"
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This detached home located at 1055 WEST BANK Drive, Gravenhurst is currently for sale and has been available on SousaSells for 705 days. This property is listed at $795,000 with an estimated mortgage of $2,646* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1055 WEST BANK Drive, Gravenhurst is in the Morrison neighborhood.
* 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 Morrison, Gravenhurst.
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The current listing price for 1055 WEST BANK Drive, Gravenhurst, ON in Morrison, Gravenhurst is $795,000.
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
1055 WEST BANK Drive, Gravenhurst, ON is a Detached (Bungalow) featuring a None basement.
Interior highlights include: Water Heater Owned.
Yes, this property offers parking space for 4.0 vehicles (Visitor).
Heating is provided via Electric and cooling via None.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1055 WEST BANK Drive, Gravenhurst, ON P0E 1G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.
About Purchasing a Home in Gravenhurst, ON
For a property listed at $795,000 in Gravenhurst, the legal minimum down payment is $54,500 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 $12,375 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 $12,375.
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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.