Sold for:Sold Mar 10, 2025
$1,325,000

1025 North Morrison Lake Road

Gravenhurst (Wood, Gravenhurst), ON P0E 1G0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1025 North Morrison Lake Road, Gravenhurst, Wood (Gravenhurst)

2025-01-17
2025-03-10
Sold
Price
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MLS#
x11929150
2024-07-08
2024-11-27
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1025 North Morrison Lake Road, Gravenhurst, Wood (Gravenhurst)

Enjoy the year round magic of Muskoka in this charming, fully winterized three bedroom waterfront home. Situated on Morrison Lake where you can enjoy stunning sunsets every evening! Full sun exposure all day with west, south and eastern views. Open concept living/dining/kitchen area features a propane-fueled fireplace with a walkout to the deck overlooking the lake. This property also houses an almost 200 sq.ft. bunkie suite with one bedroom, its own composting toilet and a plumbing free sink. This home is essentially turnkey with many recent upgrades, wood flooring throughout and a great place to entertain! Luxurious outdoor shower, stainless steel appliances, huge 432 sq ft garage and large fire pit for marshmallow roasts and star gazing. Newly implemented engineered wooden stairs with integrated landings that lead you down to the incredible docks! Plenty of space for your boat(s), jet skis and more! Quiet seasonal living only 20 minutes from Gravenhurst that has all the shops/restaurants your heart could desire!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,525
Land Transfer Tax Fee
$22,975

Rental Items

Rental Equipment
Propane tank
Under Contract
Propane Tank

Basement Type
None

Interior Features

Interior Extras
Water Heater Owned, Water Softener, Propane Tank, Primary Bedroom - Main Floor, Guest Accommodations, Carpet Free
View
Water, Clear, Panoramic
Fireplace/Stove
Yes
Fireplace Features
Living Room, Propane
Elevator
No

Exterior Features

Pool
None
Property Features
Clear View, Lake Access, Marina, Waterfront, Sloping
Other Structures
Aux Residences

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Shingle , Wood
Roof
Shingles
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
163.00 ft
Lot Depth
368.11 ft

Inclusions

Inclusions
See schedule C

Exclusions

Exclusions
See schedule C

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
8
Total Garage And Parking Spaces
9

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Septic

Bedrooms
3 + 1
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Main level, Hardwood Floor, Fireplace, W/O To Deck
  • Dining Room—
    Main level, Hardwood Floor, Open Concept
  • Kitchen—
    Main level, Hardwood Floor, Open Concept, Stainless Steel Appl
  • Primary Bedroom—
    Main level, Hardwood Floor, Overlook Water, W/O To Deck
  • Bedroom 2—
    Main level, Hardwood Floor, Closet, Sliding Doors
  • Bedroom 3—
    Main level, Hardwood Floor, Overlooks Frontyard

Washrooms

  • 4-piece, Main

Municipality
Gravenhurst
Neighbourhood
Wood (Gravenhurst)
Main cross streets
Southwood Rd & Morrison Lk Rd
Zoning
See attachments
Waterfront
Direct, WaterfrontCommunity

MLS® number
X11929150
Data source
Toronto Regional Real Estate Board
Status change
2025-03-10
Listed on
2025-01-17
Days on market
52 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
SUTTON GROUP OLD MILL REALTY INC.

Home Market Value

Current home valuation for 1025 North Morrison Lake Road, Gravenhurst, Wood (Gravenhurst), Gravenhurst, ON. Listed for $1,325,000

HOMEH Estimate

?

$1,270,474

Estimated Sales Range

?

$1,003,674 - $1,537,274

HOMEH Estimate for 1025 North Morrison Lake Road, Gravenhurst, Wood (Gravenhurst)

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,270,474Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Gravenhurst, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $825,000 over $500K

Minimum down payment

$107,500

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$48,654$36,968$31,535$0
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$1,265,004$1,229,468$1,157,785$1,060,000
Amortization
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$6,176monthly$6,003monthly$5,653monthly$5,175monthly
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Land Transfer Tax

Provincial

$22,975

Total Land Transfer Tax

$22,975

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