Sold for:Sold Jul 25, 2025
$499,000

1087 Merkley Road

Gravenhurst (Ryde), ON P1P 1R3

Detached House SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 1087 Merkley Road, Gravenhurst, Ryde

2025-07-16
2025-07-25
Sold
Price
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MLS#
x12288065
2025-04-24
2025-07-14
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 1087 Merkley Road, Gravenhurst, Ryde

Welcome to 1087 Merkley Road a fantastic opportunity to roll up your sleeves and create your dream home in beautiful Muskoka. This very solid brick bungalow offers the best of both worlds: centrally located just a short drive from both Gravenhurst and Bracebridge, yet nestled on over 3 acres of private, wooded land to enjoy and make your own.Whether youre an investor, handy buyer, or someone needing space for a home-based business, this property has great potential. Tucked away from the road for privacy, it features a roundabout driveway with two access points, a double car garage with inside entry, and ample parking for boats, trailers, or a future workshop. The lot is a mix of hardwood and softwood trees perfect for nature lovers or tapping maple syrup.The main floor boasts an open-concept country kitchen with a breakfast nook and plenty of counter and cupboard space ideal for cooking or entertaining. A bright Muskoka room overlooks the trees, and a large living room offers more space to gather. The main level also includes a spacious primary bedroom with double closets and a 2-piece ensuite, plus a second bedroom. The main bathroom has a Jacuzzi tub, and laundry hook-ups are conveniently located just off the garage.The lower level features a true walkout basement with a separate entrance, perfect for an in-law suite or extra living space. It includes a propane fireplace, third bedroom (no window), 3-piece bath, spacious laundry room, and oversized utility room for storage or workspace. The walkout leads to the rear yard and a second driveway for added convenience.Additional highlights include a generator hook-up for power outages, newer steel shake roof (2012), full water filtration system, and a large storage shed. This private, peaceful setting is ready for your ideas a rare chance to build equity and enjoy Muskoka living with room to grow.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,681
Land Transfer Tax Fee
$6,455

Rental Items

Rental Equipment
None

Basement Type
Full, Walk-Out

Interior Features

Laundry Level
Main Level
Interior Extras
In-Law Capability, Water Heater Owned, Water Purifier
Fireplace/Stove
Yes
Fireplace Features
Rec Room
Elevator
No

Exterior Features

Pool
None
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
400.00 ft
Lot Depth
350.00 ft
Lot Size
3.21
Lot Shape
Square

Inclusions

Inclusions
Appliances (being sold as is)

Exclusions

Exclusions
Personal Belongings

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
10
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Available
Cable
Available
Telephone
Available

Bedrooms
2 + 1
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Breakfast—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Sunroom—
    Main level
  • Recreation—
    Basement level
  • Bedroom—
    Basement level
  • Other—
    Basement level
  • Laundry—
    Basement level

Washrooms

  • 4-piece, Main
  • 2-piece, Main
  • 3-piece, Basement

Municipality
Gravenhurst
Neighbourhood
Ryde
Main cross streets
Barkway Road
Zoning
RR5
Directions
Barkway road to Merkley Road

MLS® number
X12288065
Data source
Toronto Regional Real Estate Board
Status change
2025-07-25
Listed on
2025-07-16
Days on market
9 days
Possession type
Immediate
Co-op commission
2% plus hst
Seller
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE

Home Market Value

Current home valuation for 1087 Merkley Road, Gravenhurst, Ryde, Gravenhurst, ON. Listed for $499,000

HOMEH Estimate

?

$849,911

Estimated Sales Range

?

$594,938 - $1,104,884

HOMEH Estimate for 1087 Merkley Road, Gravenhurst, Ryde

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

$849,911Low confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Gravenhurst, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
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=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

Around this home

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