1491 CANNING Road, Gravenhurst, ON

$393,000
MLS#:X10437567
0 beds
0 baths
Residential Freehold
1491 CANNING Road, Gravenhurst, ON P0E 1N0
⚠️

Property no longer active

This property was sold on October 24, 2024. This listing is for reference purposes only. to view the sold price.

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 $393,000 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 657.76 x 3296.35 ft lot size

Description

This 49.976 acre property has been maintained as a recreational oasis! Lots of flat, open space affording a great building site coupled with trails for ATV, snowmobile and cross country skiing. Relax in the screened gazebo enjoying half kilowatt solar power system, on-demand propane heated shower, raised garden beds, and many storage buildings on site while preparing to build your dream home. Zoned RB-7 at the front, EP to the North/East and fully RU the remaining back half this property has many possibilities. An original 32' deep, hand dug stone well exists at the front of the property. Close proximity to Trent Severn Waterway and Sparrow Lake, easily launch a boat and be gone for the day. Great location on paved municipal roads for year round access to all major amenities 15 minutes from Gravenhurst and 20 minutes from Orillia. Book your private showing today to experience all this location has to offer. Buyer to complete their own due diligence on the development opportunities on the subject property.

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Property Summary

This vacant land located at 1491 CANNING Road, Gravenhurst is currently for sale and has been available on SousaSells for 710 days. This property is listed at $393,000 with an estimated mortgage of $1,308* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1491 CANNING Road, Gravenhurst is in the Morrison neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Morrison, Gravenhurst.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in Morrison, Gravenhurst
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

00
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size657.76 × 3296.35 Acres
CountyMuskoka
Annual Tax$1,067.36
Legal DescriptionPT LT 32 CON 3 MORRISON PT 2 35R4640; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Garage TypeNone

Heating & Cooling

Features

Property Features

  • Fenced Yard

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1491 CANNING Road, Gravenhurst, ON

Q.What is the asking price for 1491 CANNING Road, Gravenhurst, ON ?

The current listing price for 1491 CANNING Road, Gravenhurst, ON in Morrison, Gravenhurst is $393,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 0 bathrooms.

Q.What property type and architectural style is 1491 CANNING Road, Gravenhurst, ON ?

1491 CANNING Road, Gravenhurst, ON is a Vacant Land () featuring a basement.

Q.What key property features does 1491 CANNING Road, Gravenhurst, ON offer?

Key property features include: Fenced Yard.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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1491 CANNING 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 1491 CANNING Road, Gravenhurst, ON P0E 1N0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$117,900 (30.0%)
* Minimum Canadian down payment required for this price is $19,650.
Amortization Period30 Years
Estimated Monthly Payment$1,308Based on a loan of $275,100 over 30 years.
Purchase Price$393,000
Loan Amount$275,100
Provincial Land Transfer Tax:$4,370
Total Estimated Closing Taxes:$4,370

About Purchasing a Home in Gravenhurst, ON

For a property listed at $393,000 in Gravenhurst, the legal minimum down payment is $19,650 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 $4,370 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 $4,370.

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Morrison, Gravenhurst Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$807,742

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 Morrison, 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

Morrison, 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.