375 Lorne Street, Gravenhurst, ON

$169,900
MLS#:X9053155
0 beds
0 baths
Residential Freehold
375 Lorne Street, Gravenhurst, ON P1P 1C7
⚠️

Property no longer active

This property was sold on December 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land 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 $169,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 66 x 174.91 ft lot size
  • Notable attributes: None

Description

PRIME IN TOWN VACANT LOT. Build your custom home and enjoy the serenity of being steps away from Lorne St Beach and the beauty of Lake Muskoka while having convenient access to downtown and the vibrant Muskoka Wharf. With municipal services available on the street, this lot is ready for your custom build. Don't miss out on this exceptional opportunity in a quiet and sought-after area.

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Property Summary

This vacant land located at 375 Lorne Street, Gravenhurst is currently for sale and has been available on SousaSells for 744 days. This property is listed at $169,900 with an estimated mortgage of $566* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 375 Lorne 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?

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
  • Desirable Vacant Land architecture in Muskoka (S), Gravenhurst
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date7/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size66 × 174.91 Acres
CountyMuskoka
Annual Tax$1,010.46
Legal DescriptionLOT 11 BLK N PL 16 GRAVENHURST TOWN OF GRAVENHURST

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 375 Lorne Street, Gravenhurst, ON

Q.What is the asking price for 375 Lorne Street, Gravenhurst, ON ?

The current listing price for 375 Lorne Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $169,900.

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

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 375 Lorne Street, Gravenhurst, ON ?

375 Lorne Street, Gravenhurst, ON is a Vacant Land () featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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375 Lorne 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 375 Lorne Street, Gravenhurst, ON P1P 1C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$50,970 (30.0%)
* Minimum Canadian down payment required for this price is $8,495.
Amortization Period30 Years
Estimated Monthly Payment$566Based on a loan of $118,930 over 30 years.
Purchase Price$169,900
Loan Amount$118,930
Provincial Land Transfer Tax:$1,424
Total Estimated Closing Taxes:$1,424

About Purchasing a Home in Gravenhurst, ON

For a property listed at $169,900 in Gravenhurst, the legal minimum down payment is $8,495 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 $1,424 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 $1,424.

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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.