1087 Merkley Road, Gravenhurst, ON
Property no longer active
This property was sold on November 7, 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 Ryde. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 400 x 350 ft lot
- Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Water Heater Owned, Water Purifier
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to 1087 Merkley Road a fantastic opportunity to roll up your sleeves and create your dream home in beautiful Muskoka. This very solid brick bungalow offers the best of both worlds: centrally located just a short drive from both Gravenhurst and Bracebridge, yet nestled on over 3 acres of private, wooded land to enjoy and make your own.Whether youre an investor, handy buyer, or someone needing space for a home-based business, this property has great potential. Tucked away from the road for privacy, it features a roundabout driveway with two access points, a double car garage with inside entry, and ample parking for boats, trailers, or a future workshop. The lot is a mix of hardwood and softwood trees perfect for nature lovers or tapping maple syrup.The main floor boasts an open-concept country kitchen with a breakfast nook and plenty of counter and cupboard space ideal for cooking or entertaining. A bright Muskoka room overlooks the trees, and a large living room offers more space to gather. The main level also includes a spacious primary bedroom with double closets and a 2-piece ensuite, plus a second bedroom. The main bathroom has a Jacuzzi tub, and laundry hook-ups are conveniently located just off the garage.The lower level features a true walkout basement with a separate entrance, perfect for an in-law suite or extra living space. It includes a propane fireplace, third bedroom (no window), 3-piece bath, spacious laundry room, and oversized utility room for storage or workspace. The walkout leads to the rear yard and a second driveway for added convenience.Additional highlights include a generator hook-up for power outages, newer steel shake roof (2012), full water filtration system, and a large storage shed. This private, peaceful setting is ready for your ideas a rare chance to build equity and enjoy Muskoka living with room to grow.
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Property Summary
This detached home located at 1087 Merkley Road, Gravenhurst is currently for sale and has been available on SousaSells for 386 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 1087 Merkley Road, Gravenhurst is in the Ryde neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Ryde, Gravenhurst.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 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
None listed
Interior Features
- In-Law Capability
- Water Heater Owned
- Water Purifier
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1087 Merkley Road, Gravenhurst, ON
Q.What is the asking price for 1087 Merkley Road, Gravenhurst, ON ?
The current listing price for 1087 Merkley Road, Gravenhurst, ON in Ryde, Gravenhurst is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 1087 Merkley Road, Gravenhurst, ON ?
1087 Merkley Road, Gravenhurst, ON is a Detached (Bungalow) featuring a Full, Walk-Out basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Water Heater Owned, Water Purifier.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Central Air.
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Pricing & Value Insights
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $499,000 in Gravenhurst, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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