515 SARAH Street, Gravenhurst, ON

$625,000
MLS#:X10435865
2 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
515 SARAH Street N, Gravenhurst, ON P1P 1G5
⚠️

Property no longer active

This property was sold on October 31, 2024. 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 stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 65.49 x 117 ft lot
  • Features a unfinished, partial basement 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: Countertop Range, Water Heater Owned
  • Efficient forced air heating via gas

Description

Beautiful century home in the heart of Gravenhurst! This tastefully updated home has 2 bedrooms, 2 full bathrooms, a main floor family room which could be converted back to its original use as a 3rd bedroom and an oversized detached single garage. Throughout the main floor of the home there are hand scraped hardwood floors, an updated kitchen with granite countertops, character filled mudroom, pantry and sunroom leading to the back deck as well as the formal dining room and living room with approx. 9' ceilings. Both bathrooms in the home enjoy heated tile floors, with the upstairs one containing a vaulted ceiling, granite tiles and an elegant clawfoot tub. The primary bedroom has a wall to wall wardrobe with a secret walk-in closet on the one side. The short basement is used for additional storage and utilities/services for the home and is not developable. Outside there is a fully fenced yard great for kids and pets alike, mature landscaping and an overall nice private space to entertain. The home is also equipped with a level 2 car charger for those electric car enthusiasts. Great location within walking distance to Muskoka Wharf, Uptown Gravenhurst shops and amenities as well as Parks and beaches. Sit outside and listen to the steamships take off and return from their home port in Muskoka Bay. Come view this modernized century home before its gone!

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Property Summary

This detached home located at 515 SARAH Street, Gravenhurst is currently for sale and has been available on SousaSells for 692 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 515 SARAH 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 2 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
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 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
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Vinyl Siding
BasementUnfinished, Partial Basement
Lot Size65.49 × 117 Acres
CountyMuskoka
Annual Tax$2,991
Legal DescriptionPT LT 117 PL 23 GRAVENHURST PT 1, 35R11091; 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

  • Fenced Yard

Interior Features

  • Countertop Range
  • Water Heater Owned

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 515 SARAH Street, Gravenhurst, ON

Q.What is the asking price for 515 SARAH Street, Gravenhurst, ON ?

The current listing price for 515 SARAH Street, Gravenhurst, ON in Muskoka (S), Gravenhurst is $625,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 515 SARAH Street, Gravenhurst, ON ?

515 SARAH Street, Gravenhurst, ON is a Detached (2-Storey) featuring a Unfinished, Partial Basement basement.

Q.What key property features does 515 SARAH Street, Gravenhurst, ON offer?

Key property features include: Fenced Yard.

Q.What interior features are included in this home?

Interior highlights include: Countertop Range, Water Heater Owned.

Q.What security features are installed at 515 SARAH Street, Gravenhurst, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

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.

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515 SARAH 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 515 SARAH Street N, Gravenhurst, ON P1P 1G5

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$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Gravenhurst, ON

For a property listed at $625,000 in Gravenhurst, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

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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.