151 Royal Street, Gravenhurst, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $395,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 66 x 137 ft lot
- Features a exposed rock, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
Description
Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities.
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Property Summary
This detached home located at 151 Royal Street, Gravenhurst is currently for sale and has been available on SousaSells for 0 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 151 Royal Street, Gravenhurst is in the Muskoka (S) neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Muskoka (S), Gravenhurst.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Level
- School Bus Route
Interior Features
- Separate Hydro Meter
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 151 Royal Street, Gravenhurst, ON
Q.What is the asking price for 151 Royal Street, Gravenhurst, ON ?
The current listing price for 151 Royal Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $395,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 151 Royal Street, Gravenhurst, ON ?
151 Royal Street, Gravenhurst, ON is a Detached (2-Storey) featuring a Exposed Rock, Unfinished basement.
Q.What key property features does 151 Royal Street, Gravenhurst, ON offer?
Key property features include: Level, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $395,000 in Gravenhurst, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.