16 Gore Street, Huntsville, ON

$1,275,000
MLS#:X12221916
10 beds
6 baths
3500-5000 sqft
5.0 parking
Residential Freehold
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Property no longer active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 2-Storey multiplex located in the coveted neighborhood of Stephenson. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,275,000 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.

  • 10 Bedrooms and 6 Bathrooms with 4 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 66 x 247 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Water Heater, Water Treatment
  • Efficient baseboard heating via electric

Description

Welcome to a rare and remarkable opportunity in the heart of Port Sydney. Formerly the iconic Mary Lake Inn, this beautifully restored historic property has been thoughtfully transformed into a fully renovated, income-generating multiplex all while preserving its original charm.Perfectly positioned just 10 minutes from both Huntsville and Bracebridge, and directly across from the public beach, the property offers breathtaking, unobstructed views of Mary Lake an unbeatable location for both lifestyle and investment.The building features four stunning rental units, including two spacious 3-bedroom, 2-bathroom suites and two bright, well-appointed 2-bedroom, 1-bathroom apartments. Whether you're catering to short-term visitors or long-term tenants, the flexible layout delivers exceptional income potential.Live in the beautifully updated owners residence and wake up to lake views while the other three units help cover your mortgage. This is a truly extraordinary offering that doesn't come along often in one of Muskoka's most charming towns!

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Property Summary

This multiplex located at 16 Gore Street, Huntsville is currently for sale and has been available on SousaSells for 399 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 10 beds, 6 bathrooms, and is 3500-5000 square feet. 16 Gore Street, Huntsville is in the Stephenson neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
10
Bathrooms
6
Kitchens
4
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 28, 2025
Sold price information is available to members only
Listed Date6/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size66 × 247 Feet
CountyMuskoka
Annual Tax$3,449.1
Legal DescriptionPT LT 23 RCP 554 STEPHENSON PT 5 35R6071; HUNTSVILLE ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Beach, Campground, Golf, Hospital, Lake Access, Park

Interior Features

Water Heater, Water Treatment

Security Features

Community Features

Location

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16 Gore Street, Huntsville, 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 16 Gore Street, Huntsville, ON P0B 1L0

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 Huntsville.

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Interest Rate4.00%
Down Payment$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,500 over 30 years.
Purchase Price$1,275,000
Loan Amount$892,500
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Huntsville, ON

For a property listed at $1,275,000 in Huntsville, the legal minimum down payment is $255,000 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 $21,975 for this transaction. As this listing is in Huntsville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stephenson, Huntsville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,261

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

Huntsville
Public58 Brunel Road, Huntsville, Ontario, P1H 2A2
6.7
Spruce Glen
Public550 Muskoka Road 3, Huntsville, Ontario, P1H 1C9
6.3
Riverside
Public755 Brunel Road, Huntsville, Ontario, P1H 1Z3
5.7
Pine Glen
Public126 West Road, Huntsville, Ontario, P1H 1M5
4.7
Saint Mary's
Public36 Silverwood Drive, Huntsville, Ontario, P1H 1N1
3.7

Secondary Schools

Huntsville
Public58 Brunel Road, Huntsville, Ontario, P1H 2A2
6.4

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.