185 McPherson Street, Gravenhurst, ON

$449,900
MLS#:X13598172
2 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
185 McPherson Street, Gravenhurst, ON P1P 0E8

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $449,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 66 x 165 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation
  • Efficient forced air heating via gas

Description

Location is everything. Positioned just steps from Muskoka Bay Park with views of Lake Muskoka, this updated 2-bedroom, 1-bathroom bungalow offers a lifestyle that's hard to match. Walk down and across the street to enjoy the public beach, swimming area, tennis courts, baseball diamond, playground, and waterfront, all while being just minutes from downtown Gravenhurst and everyday amenities. Inside, the home has been thoughtfully updated and is move-in ready. Recent improvements include a new roof (Summer 2025), newer wood siding, newer appliances, a new hot water tank, updated flooring, fresh paint, and numerous additional upgrades throughout. The property is serviced by municipal water and a private septic system. A covered front porch, detached garage, ample parking, and a spacious yard complete the property, offering plenty of room to enjoy the outdoors. Whether you're a first-time buyer, looking to downsize, or searching for a weekend retreat or an investment property, this is an opportunity to own an updated home in a location where recreation is just steps away. Properties offering this combination of updates, Lake Muskoka views, and proximity to Muskoka Bay Park are becoming increasingly difficult to find. Book your private showing today before it's gone!

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Property Summary

This detached home located at 185 McPherson Street, Gravenhurst is currently for sale and has been available on SousaSells for 16 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 185 McPherson 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.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Muskoka (S), Gravenhurst.

Great for Small Household / Couples
What We Love About This Home
  • 2 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?

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

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementCrawl Space
Lot Size66 × 165 Feet
CountyMuskoka
Annual Tax$1,933.51
Legal DescriptionLT 71 PL 18 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Clear View
  • Golf
  • Lake/Pond
  • Level
  • Park

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Upgraded Insulation
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 185 McPherson Street, Gravenhurst, ON

Q.What is the asking price for 185 McPherson Street, Gravenhurst, ON ?

The current listing price for 185 McPherson Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $449,900.

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

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 185 McPherson Street, Gravenhurst, ON ?

185 McPherson Street, Gravenhurst, ON is a Detached (Bungalow) featuring a Crawl Space basement.

Q.What key property features does 185 McPherson Street, Gravenhurst, ON offer?

Key property features include: Clear View, Golf, Lake/Pond, Level, Park.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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185 McPherson Street, 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 185 McPherson Street, Gravenhurst, ON P1P 0E8

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$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Gravenhurst, ON

For a property listed at $449,900 in Gravenhurst, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.

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Muskoka (S), Gravenhurst Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,054,986

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 Muskoka (S), 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

Muskoka (S), 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.