245 Wellington Street, Gravenhurst, ON

$689,000
MLS#:X9379496
3 beds
2 baths
1500-2000 sqft
8.0 parking
Residential Freehold
245 Wellington Street, Gravenhurst, ON P1P 1B2
⚠️

Property no longer active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 Bungalow detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 100 x 150 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 245 Wellington Street, a serene family bungalow nestled in the peaceful north end of Gravenhurst. Set on a mature, expansive 100ft by 150ft lot with towering trees, this home offers the perfect blend of privacy and convenience. Relax in the fenced backyard, complete with a spacious 400 sq/ft deck and a hot tub, ideal for entertaining or unwinding.This beautifully maintained bungalow boasts 1,545 sq/ft of main-floor living space, featuring 3 generous bedrooms and 2 bathrooms. The primary bedroom includes a private 3-piece ensuite, creating a peaceful retreat. The open kitchen comes equipped with stainless steel appliances, including a gas stove, perfect for any home chef. Enjoy the comforts of modern living with a new AC installed in 2024, fibre internet, and stunning outdoor pot lights illuminating the front of the home.The property offers in-law suite potential, a double attached garage, and parking for up to 6 vehicles in the driveway. Located just minutes from downtown shopping and with easy highway access, this home provides both tranquility and accessibility. Whether you're relaxing in the hot tub or enjoying family time on the deck, 245 Wellington Street is the perfect place to call home.Dont miss out on this peaceful, inviting family haven!

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Property Summary

This detached home located at 245 Wellington Street, Gravenhurst is currently for sale and has been available on SousaSells for 672 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 245 Wellington Street, Gravenhurst is in the Muskoka (S) 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 2 bathrooms, this home offers ample space and comfort for growing families in Muskoka (S), Gravenhurst.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 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
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size100 × 150 Feet
CountyMuskoka
Annual Tax$3,203
Legal DescriptionLT 3 PL 27 MUSKOKA; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • In-Law Capability
  • Bar Fridge

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 245 Wellington Street, Gravenhurst, ON

Q.What is the asking price for 245 Wellington Street, Gravenhurst, ON ?

The current listing price for 245 Wellington Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $689,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 245 Wellington Street, Gravenhurst, ON ?

245 Wellington Street, Gravenhurst, ON is a Detached (Bungalow) featuring a Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: In-Law Capability, Bar Fridge.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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245 Wellington 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 245 Wellington Street, Gravenhurst, ON P1P 1B2

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$206,700 (30.0%)
* Minimum Canadian down payment required for this price is $43,900.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,300 over 30 years.
Purchase Price$689,000
Loan Amount$482,300
Provincial Land Transfer Tax:$10,255
Total Estimated Closing Taxes:$10,255

About Purchasing a Home in Gravenhurst, ON

For a property listed at $689,000 in Gravenhurst, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.

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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.