
120 Bakery Lane
Gravenhurst (Muskoka, S), ON P1P 1T6
- 4Bedrooms
- 2Bathrooms
- 10Parking
- 700–1100Sq Ft
- $2,394Tax
- 165×125 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 120 Bakery Lane, Gravenhurst, Muskoka (S)
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About 120 Bakery Lane, Gravenhurst, Muskoka (S)
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,394
- Land Transfer Tax Fee
- $8,445
Rental Items
- Rental Equipment
- Hot water heater.
- Under Contract
- Hot Water Heater
- Basement Type
- Finished with Walk-Out, Separate Entrance
Interior Features
- Interior Extras
- On Demand Water Heater, Upgraded Insulation
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- Bungalow
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 165.00 ft
- Lot Depth
- 125.40 ft
Inclusions
- Inclusions
- All appliances.
Exclusions
- Exclusions
- Tenants belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 10
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 10
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Other
- Water
- Municipal
- Sewers
- Septic
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 4-piece, Main
- 4-piece, Basement
- Municipality
- Gravenhurst
- Neighbourhood
- Muskoka (S)
- Main cross streets
- Muskoka Road 169
- Directions
- Muskoka Road 169 to Bakery Lane
- MLS® number
- X12469863
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-03
- Listed on
- 2025-10-17
- Days on market
- 47 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5%
- Seller
- Listed by
- COLDWELL BANKER THE REAL ESTATE CENTRE
Home Market Value
Current home valuation for 120 Bakery Lane, Gravenhurst, Muskoka (S), Gravenhurst, ON. Listed for $598,500
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 120 Bakery Lane, Gravenhurst, Muskoka (S)
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $98,500 over $500K
$34,850
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,528 | $16,698 | $14,244 | $0 |
=Total mortgage | $585,716 | $555,348 | $522,969 | $478,800 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,860monthly | $2,711monthly | $2,553monthly | $2,338monthly |
Land Transfer Tax
$8,445
$8,445
Around this home
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