1055 West Bank Drive, Gravenhurst, ON
Property Highlights
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 $1,190,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 110 x 256 ft lot
- 4.0 total parking spaces available
- Notable attributes: Built-In Oven, Countertop Range, Carpet Free
- Efficient baseboard heating via electric
Description
Experience four-season Muskoka living just steps from the water on beautiful Kahshe Lake! Completely renovated from top to bottom, this charming cottage offers the perfect blend of modern comfort and classic Muskoka living. With extensive updates throughout, including a new kitchen, flooring, roof, siding and a brand-new deck, there is nothing left to do but enjoy this move-in-ready retreat. Set on 110 feet of shoreline, the property offers an exceptional waterfront setting with the lake just steps from your door. Spend your days swimming, boating and relaxing by the water, then gather on the new deck to enjoy the peaceful Muskoka surroundings. Inside, the 3-bedroom cottage has been thoughtfully updated throughout, with a modern kitchen featuring built-in appliances and a countertop range, along with fresh finishes and a comfortable, functional layout. Located with great road access and close to one of the lake's best bays, the property combines a peaceful cottage setting with everyday convenience. Just minutes away from Gravenhurst, providing easy access to shopping, restaurants, groceries and all the amenities you need. The adjacent waterfront lot is also available for sale separately, offering an exciting opportunity for buyers looking to expand their Muskoka footprint, create additional space for family and guests, or explore future possibilities.
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Property Summary
This detached home 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 $1,190,000 with an estimated mortgage of $3,961* per month. It has 3 beds, 1 bathroom, and is 700-1100 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.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Morrison, Gravenhurst.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Gravenhurst.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake/Pond
- Wooded/Treed
Interior Features
- Built-In Oven
- Countertop Range
- Carpet Free
Security Features
None listed
Community Features
None listed
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 $1,190,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 1055 West Bank Drive, Gravenhurst, ON ?
1055 West Bank Drive, Gravenhurst, ON is a Detached (Bungalow) featuring a None basement.
Q.What key property features does 1055 West Bank Drive, Gravenhurst, ON offer?
Key property features include: Lake/Pond, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Countertop Range, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 1055 West Bank Drive COTTAGE, Gravenhurst, ON P0E 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $1,190,000 in Gravenhurst, the legal minimum down payment is $238,000 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 $20,275 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 $20,275.
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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.