340 BISHOP Street, Gravenhurst, ON

$529,900
MLS#:X11931711
3 beds
2 baths
1500-2000 sqft
7.0 parking
Residential Freehold
340 BISHOP Street, Gravenhurst, ON P1P 1M5
⚠️

Property no longer active

This property was sold on March 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $529,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
  • Features a finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Central Vacuum
  • Efficient baseboard heating via gas

Description

Discover this charming 3 bedroom, 1.5 bathroom two-storey home, ideally located in town and close to all amenities. With over 1,800 sq. ft. of living space, this property offers a perfect mix of modern updates, cozy charm, and functional design. The main floor features a large eat-in kitchen, perfect for family meals and gatherings. The open-concept living and dining area has been freshly painted with updated flooring, creating a bright and inviting space. A highlight of this home is the spacious sunroom with wall to wall windows and built-in storage cabinets, offering a tranquil spot. The large muskoka room makes for a great outside sitting / dining room but also provides ample space to kick off your boots and store coats for guests. Upstairs, you'll find three bedrooms and a 4-piece bathroom, providing ample space for a family. The 6' tall finished basement adds versatility, with a powder room, laundry room, and plenty of built-in storage shelves as well as a workbench, making it ideal for hobbies or projects. The detached 500 sq. ft. heated garage, with an additional carport, is perfect for vehicles or a workshop. Outside, enjoy the large, mostly fenced backyard, which features mature gardens, a shed, and a gazebo, offering endless opportunities for outdoor entertaining and relaxation. This home is conveniently located close to Gull Lake Park, where you can enjoy events like Music on the Barge, The Farmers Market, and more. With its charming character and prime location, this property is a must-see!

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Property Summary

This detached home located at 340 BISHOP Street, Gravenhurst is currently for sale and has been available on SousaSells for 563 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 340 BISHOP 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 DateMarch 5, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFinished, Partial Basement
Lot Size66 × 132 Feet
CountyMuskoka
Annual Tax$2,685.79
Legal DescriptionLT 103EMR PL 3 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Beach
  • Fenced Yard
  • Lake Access
  • Park
  • Rec./Commun.Centre
  • School Bus Route

Interior Features

  • Central Vacuum

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 340 BISHOP Street, Gravenhurst, ON

Q.What is the asking price for 340 BISHOP Street, Gravenhurst, ON ?

The current listing price for 340 BISHOP Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $529,900.

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 340 BISHOP Street, Gravenhurst, ON ?

340 BISHOP Street, Gravenhurst, ON is a Detached (2-Storey) featuring a Finished, Partial Basement basement.

Q.What key property features does 340 BISHOP Street, Gravenhurst, ON offer?

Key property features include: Beach, Fenced Yard, Lake Access, Park, Rec./Commun.Centre, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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340 BISHOP 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 340 BISHOP Street, Gravenhurst, ON P1P 1M5

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$158,970 (30.0%)
* Minimum Canadian down payment required for this price is $27,990.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $370,930 over 30 years.
Purchase Price$529,900
Loan Amount$370,930
Provincial Land Transfer Tax:$7,073
Total Estimated Closing Taxes:$7,073

About Purchasing a Home in Gravenhurst, ON

For a property listed at $529,900 in Gravenhurst, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.

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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.