Re-listed 2 days ago

120 Bakery Lane, Gravenhurst, Ontario P1P 1T6

Townhouse
4
2
~700-1100 sqft
$•••,•••
$598,500
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Townhouse
4
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
124 days

Estimated valueNot available

Price/Sqft$700/sqft

Monthly cost

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Description

Welcome to this fantastic duplex and income-generating property, just moments away from the enchanting Gravenhurst Wharf and Muskoka Bay Park. This exceptional property features two fully equipped, self-contained units, each filled with natural light pouring in from large windows. The upper unit (unit 1) offers two spacious bedrooms, a full bath, and convenient laundry facilities, all complemented by a sprawling front deck and a separate side entrance leading to an upper deck - perfect for relaxing or entertaining. The lower unit (unit 2) will surprise you with its spacious, bright, and open feel, with large windows that make it feel anything but a basement. This unit includes generous living space, two large bedrooms, newer flooring and carpeting, a full bath, private laundry, and its own separate entrance. Both units feature large bedrooms and open-concept living areas that provide great flow and functionality, creating spaces that feel homey, roomy, and welcoming. Each unit also includes a full bathroom with a bathtub - a highly desirable feature for families with young children. Both units are currently rented at competitive market rates, providing a solid and immediate return on investment or perfect for someone looking to get into the market, own their own home, and have a unit to help cover costs. Recent updates include a new electrical panel and hardwired smoke detectors (June 2020), brand new septic system (2020), new upper deck and flat roof replacement beneath (2021), replacement of both side decks, upgraded attic insulation, and new eavestroughs. Many details have been thoughtfully updated for your peace of mind. Don't miss the opportunity to own this turnkey duplex, ideally located near Muskoka Bay Park with its beautiful Lake Muskoka beach, tennis courts, playgrounds, and baseball diamond - your perfect investment opportunity awaits!


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size20,691 SqFt(125.4 x 165)
Parking Spaces10
MLS ®NumberX12469863
Community NameGravenhurst
Data SourceTRREB
Listing byColdwell Banker The Real Estate Centre

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O, Sep Entrance

Features

Lot size: 20,691 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
2 days on market
history photo preview48
Listing by trreb®
Property listed by Coldwell Banker The Real Estate Centre, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

57 days

Compared to

2024

188 days

2023

8 days

New Listings

Past 30 days

4 listings

Compared to

2024

6 listings

2023

5 listings

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$525,160

Compared to

2024

$845,000

2023

$590,000


Population and Demographics

Overview

Total population 12932
Average household income $114,896

Age (%)

0 to 19
15%
20 to 34
15%
35 to 49
16%
50 to 64
25%
65 and plus
30%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
95%
Others
4%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget