520 First Street, Gravenhurst, ON

$424,900
MLS#:X13019248
1 beds
1 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Muskoka (S). Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $424,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 66 x 139.98 ft lot
  • Features a crawl space 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: On Demand Water Heater
  • equipped with wall unit(s) central cooling and highly efficient forced air heating via gas

Description

Tucked into the heart of Gravenhurst, this charming bungalow feels like a warm hug the moment you arrive. This thoughtfully designed 1-bedroom, 1-bath home is filled with cozy character-rich wood finishes, soaring vaulted ceilings, and an open living and dining space that glows with natural light. The spacious kitchen is both inviting and functional making it a perfect spot to cook and gather. A bright, welcoming foyer sets the tone, while the combined bathroom and laundry space is cleverly designed for convenience. Step outside and unwind in your own private, tree-lined backyard. With a patio, pergola, and fire pit area, it's an ideal setting for quiet evenings or hosting under the stars. A detached single-car garage provides extra storage, while the 1-bedroom bunkie opens the door for guests or a creative space. All of this is just a short walk to local shops, restaurants, beaches, and parks-making it a perfect fit for first-time buyers, downsizers, or anyone looking to enjoy the laid-back Muskoka lifestyle in a home that truly feels special.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 13, 2026
Sold price information is available to members only
Listed Date4/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Vinyl Siding
BasementCrawl Space
Lot Size66 × 139.98 Feet
CountyMuskoka
Annual Tax$2,070.92
Legal DescriptionLT 17 RCP 524 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWall Unit(s)

Features

Property Features

Interior Features

On Demand Water Heater

Security Features

Community Features

Location

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520 First 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 520 First Street N, Gravenhurst, ON P1P 1B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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 Rate5.25%
Down Payment$21,245 (5.0%)
* Minimum Canadian down payment required for this price is $21,245.
Amortization Period25 Years
Estimated Monthly Payment$2,405Based on a loan of $403,655 over 25 years.
Purchase Price$424,900
Loan Amount$403,655
Provincial Land Transfer Tax:$4,973
Total Estimated Closing Taxes:$4,973

About Purchasing a Home in Gravenhurst, ON

For a property listed at $424,900 in Gravenhurst, the legal minimum down payment is $21,245 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 $4,973 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 $4,973.

Nearby Listings

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No current listings found in Gravenhurst.

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City & 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$1,040,860

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%

Local Schools Guide

Elementary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
5.4
Muskoka Beechgrove
Public395 Muskoka Beach Road, Gravenhurst, Ontario, P1P 1M9
6.2

Secondary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
6.9

Homes & Housing

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.