1055 West Bank Drive, Gravenhurst, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Morrison. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $475,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 115 x 295 ft lot size
- 4.0 total parking spaces available
Description
Your Muskoka Story Starts Here - Rarely does a waterfront blank canvas like this come along. With approximately 110 feet of owned shoreline on beautiful Kahshe Lake, this vacant waterfront lot is your opportunity to design and build the cottage you've always imagined - from the ground up, exactly to your vision. A storage bunkie is already in place, providing practical space for gear and a head start on lake life as you plan your build. The lot enjoys a beautiful natural setting, great road access (not always easy on Kahshe Lake!), and a coveted position on Grants Bay, one of Kahshe Lake's premier locations. It's also recently been prepped with fill for a perfect future build location - ready to go! It's the best of both worlds: quiet, private shoreline living paired with easy access to Gravenhurst and everything the Muskoka region has to offer. For those thinking bigger, the fully renovated cottage next door at 1055 West Bank Drive is also available separately - creating a rare chance to acquire both properties and build a true family compound or multi-generational Muskoka retreat.
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Property Summary
This vacant land located at 1055 West Bank Drive, Gravenhurst is currently for sale and has been available on SousaSells for 0 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1055 West Bank Drive, Gravenhurst is in the Morrison neighborhood.
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* 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.
- •Desirable Vacant Land architecture in Morrison, Gravenhurst
- •Convenient parking space for 4.0 vehicles
First-time home buyers, professionals, or investors seeking value.
Key Features
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Frequently Asked Questions about 1055 West Bank Drive, Gravenhurst, ON
Q.What is the asking price for 1055 West Bank Drive, Gravenhurst, ON ?
The current listing price for 1055 West Bank Drive, Gravenhurst, ON in Morrison, Gravenhurst is $475,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 1055 West Bank Drive, Gravenhurst, ON ?
1055 West Bank Drive, Gravenhurst, ON is a Vacant Land () featuring a basement.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 1055 West Bank Drive VACANT LOT, Gravenhurst, ON P0E 1G0
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $475,000 in Gravenhurst, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.
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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.