1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON

$599,900
MLS#:X10438566
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON P0E 1G0
⚠️

Property no longer active

This property was sold on October 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wood (Gravenhurst). Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $599,900 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
  • 3.0 total parking spaces available
  • Notable attributes: Propane Tank, Water Heater Owned
  • Efficient baseboard heating via propane

Description

Charming and affordable year-round cottage on Morrison lake! Just a few steps directly across the road to swim off of your own 6 year old aluminum dock or sit on the waterfront concrete patio. The waterfront is not owned but has been used exclusively by the 2 previous and current owners totaling over 45 yrs - all the benefits of waterfront without the taxes. In this 1050sqft cottage you walk up your spiral staircase to 3 upstairs bedrooms, with the spacious primary bedroom facing the lake. The main floor living space is comprised of an open concept floorplan with a kitchen/living/dining room, 4 pc bathroom, access to the large Muskoka room and outdoor deck space for entertaining. Upgrades over the past 5 years include: propane wall furnace, UV light water system, heated line, and pressure tank, washer/dryer combo, marble tile backsplash, and vinyl plank flooring. In the backyard there is firepit, the large workshop/shed which matches the house, the 2nd shed and a second backyard driveway off of Flanagan Rd (PVT). This access has deeded ROW to cross the private road and provides room for future garage, parking or storage of vehicles/RV's/boats. The lot is approximately 0.86 acres with a mixture of exposed granite, lots of trees for privacy from neighbors and quite gradual. Only 20 minutes from town and a short commute from the GTA. Get into your Morrison Lake cottage today!

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Property Summary

This detached home located at 1147 SOUTH MORRISON LAKE Road, Gravenhurst is currently for sale and has been available on SousaSells for 729 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1147 SOUTH 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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Wood (Gravenhurst), Gravenhurst.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Gravenhurst.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Wood
BasementNone
CountyMuskoka
Annual Tax$2,909.17
Legal DescriptionPCL 7098 SEC MUSKOKA; PT LT I CON 20 WOOD AS IN LT14459 ; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA + PCL 32423 SEC MUSKOKA; PT LT I CON 20 WOOD PT 3 35R13580 T/W PT 1 35R13580 AS IN LT160086; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeBaseboard
CoolingNone

Features

Property Features

None listed

Interior Features

  • Propane Tank
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON

Q.What is the asking price for 1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON ?

The current listing price for 1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON in Wood (Gravenhurst), Gravenhurst is $599,900.

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 1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON ?

1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON is a Detached (2-Storey) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Propane Tank, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

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1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1147 SOUTH MORRISON LAKE Road, Gravenhurst, ON P0E 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Gravenhurst, ON

For a property listed at $599,900 in Gravenhurst, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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Wood (Gravenhurst), Gravenhurst Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wood (Gravenhurst), Gravenhurst.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$357,779

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Wood (Gravenhurst), Gravenhurst

Elementary Schools

Muskoka Beechgrove
Public395 Muskoka Beach Road, Gravenhurst, Ontario, P1P 1M9
6.2
Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
5.4

Secondary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
6.9

Wood (Gravenhurst), Gravenhurst Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.