391 James Street, Unit 402, Gravenhurst, ON

$585,000
MLS#:X12019583
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
391 James Street W 402, Gravenhurst, ON P1P 0A5
⚠️

Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $585,000 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 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Water Heater Owned, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Granite Trail, a sought-after condo community in the heart of Gravenhurst. This top-floor, 3-bedroom, 2-bathroom condo offers a bright and spacious layout in a peaceful, park-like setting. The primary bedroom features corner windows with serene forested views, a walk-in closet, and access to a full 4-piece bath. The second bedroom is perfect for guests with its own private 4-piece bathroom, while the third bedroom makes an excellent home office. The large, functional kitchen provides ample counter space, with in-suite laundry conveniently located just off the kitchen for easy access. An open-concept living and dining area enhances the sense of space, and additional features include a private storage locker and a designated underground parking space. This prime location offers the best of both worlds, walk the scenic trail to the Gravenhurst Wharf for waterfront dining and the Farmers Market, or head in the other direction to explore downtown Gravenhurst's shops and restaurants. Don't miss this opportunity to own a well-appointed condo in an unbeatable location!

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Property Summary

This condo apartment located at 391 James Street, Gravenhurst is currently for sale and has been available on SousaSells for 510 days. This property is listed at $585,000 with an estimated mortgage of $1,947* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 391 James 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
  • 1200-1399 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
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 15, 2025
Sold price information is available to members only
Listed Date3/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionHardboard
BasementNone
CountyMuskoka
Annual Tax$3,727.87

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned
  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 391 James Street, Unit 402, Gravenhurst, ON

Q.What is the asking price for 391 James Street, Unit 402, Gravenhurst, ON ?

The current listing price for 391 James Street, Unit 402, Gravenhurst, ON in Muskoka (S), Gravenhurst is $585,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 391 James Street, Unit 402, Gravenhurst, ON ?

391 James Street, Unit 402, Gravenhurst, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, Storage Area Lockers.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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391 James Street, Unit 402, 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 391 James Street W 402, Gravenhurst, ON P1P 0A5

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$175,500 (30.0%)
* Minimum Canadian down payment required for this price is $33,500.
Amortization Period30 Years
Estimated Monthly Payment$1,947Based on a loan of $409,500 over 30 years.
Purchase Price$585,000
Loan Amount$409,500
Provincial Land Transfer Tax:$8,175
Total Estimated Closing Taxes:$8,175

About Purchasing a Home in Gravenhurst, ON

For a property listed at $585,000 in Gravenhurst, the legal minimum down payment is $33,500 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 $8,175 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 $8,175.

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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.