171 Muskoka Road, Gravenhurst, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Muskoka (S). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,250,000 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 3 Bathrooms
- Premium 42.06 x 123 ft lot size
- Convenient covered garage included
- equipped with yes central cooling and highly efficient gas hot water heating
Description
Downtown Investment Opportunity in Muskoka!!! Located in the heart of Gravenhurst, this property features a versatile commercial-residential space. The prime downtown C1 Core zoned location has high visibility with useable 6,923 sq. ft. commercial retail space across two levels, plus 1,601 sq. ft. of back room storage and utility space; in addition, two well-maintained residential units in 2,126 sq. ft. Each 2-bedroom apartment has a large living/dining room with a kitchen, bathroom, and separate hydro service in good condition, offering the opportunity for immediate rental income or to provide on-site living for owner or operating staff. The building has an efficient gas fired boiler heating system; 200 amp electrical service; on municipal water and sewer. The large display windows in the 42 foot storefront is ideal for showcasing retail; at the rear is a covered loading dock accessing storage/warehouse area. The interior space is open and bright with 9 foot ceilings, ready for your entrepreneurial vision; whether to continue with retail mixed-use or redevelop for modern commercial and residential building. This is a rare find in the heart of Gravenhurst, the Gateway to Muskoka, serving a vibrant market of tourists year-round, affluent cottage owners, and a growing local community. Seize the opportunity to own a landmark property with proven longevity in a bustling town.
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Pricing & Value Insights
Data-driven valuation for 171 Muskoka Road S, Gravenhurst, ON P1P 1X3
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $1,250,000 in Gravenhurst, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.