3 days on Market

285 Steamship Bay Road #410, Gravenhurst, Ontario P1P 1Z9

In the same building:
-
Condo
1
1
~504 sqft
$175,000
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Condo
1
1
~504 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$347/sqft

Monthly cost

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Description

INCREDIBLE INVESTMENT OPPORTUNITY WITH A TURN-KEY FRACTIONAL OWNERSHIP ON LAKE MUSKOKA! Turn your Muskoka getaway into a smart investment with this fractional ownership suite at the Residence Inn by Marriott Muskoka Wharf in Gravenhurst. Fully furnished with tasteful finishes and timeless design, this 1-bedroom unit spans over 500 sq ft and features a kitchen with stainless steel appliances, an eating area, and a living room enhanced by a gas fireplace and walkout to a private balcony with water views. The primary bedroom is appointed with a king bed, while the 4-piece bathroom completes the layout. Owners enjoy 35 days of personal use per year with the balance in a hotel-managed rental program that potentially generates income. Premium amenities include concierge service, fitness room, indoor pool and hot tub, media room, party room, business centre, coin laundry, daily continental breakfast, and a 24-hour coffee and tea bar. Situated directly on Lake Muskoka, you are steps from the scenic Muskoka Wharf boardwalk, the interactive Muskoka Discovery Centre, and Bethune Memorial House. Enjoy lakeside walks on the Peninsula Trail, catch a show at the nearby Opera House, explore local parks, and dine at a variety of restaurants, with year-round activities including boating, swimming, golfing, hiking, biking, snowmobiling, and ice fishing at your fingertips. An ideal opportunity to own in Muskoka with personal enjoyment and potential income all in one!


Property Details

Style1 Storey/Apt
ViewTrees/Woods, Water
Age of property-
SqFt~504 SqFt
Lot Size-
Parking Spaces-
MLS ®Number40765909
Community NameGravenhurst
Data SourceITSO
Listing byRE/MAX Hallmark Peggy Hill Group Realty Brokerage

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Living Room/Dining Room

3.48 x 6.25

carpet / fireplace / walkout to balcony/deck

Foyer

1.85 x 1.30

Tile Floors

Bedroom Primary

3.17 x 4.17

carpet / ensuite privilege

Kitchen

2.51 x 1.93

Tile Floors


Features

Pool: Indoor
Sewer (Municipal)

Amenities

BBQs Permitted, Concierge, Fitness Center, Media Room, Party Room, Pool

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 5, 2025
ListedActive
$175,000
3 days on market
history photo preview24
Listing by itso®
Property listed by RE/MAX Hallmark Peggy Hill Group Realty Brokerage, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

90 days

2023

9 days

2022

51 days

New Listings

Past 30 days

4 listings

Compared to

2024

5 listings

2023

5 listings

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$540,000

Compared to

2024

$575,000

2023

$695,000

2022

$385,000


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