Sold for:Sold Dec 3, 2025
$598,500

120 Bakery Lane

Gravenhurst (Muskoka, S), ON P1P 1T6

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 120 Bakery Lane, Gravenhurst, Muskoka (S)

2025-10-17
2025-12-03
Sold
Price
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MLS#
x12469863
2025-06-18
2025-09-18
Expired
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 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

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$
Gravenhurst, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $98,500 over $500K

Minimum down payment

$34,850

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$22,528$16,698$14,244$0
=Total mortgage
$585,716$555,348$522,969$478,800
Amortization
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Payment frequency
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$2,860monthly$2,711monthly$2,553monthly$2,338monthly
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Land Transfer Tax

Provincial

$8,445

Total Land Transfer Tax

$8,445

Around this home

0/100Almost All Errands Require a Car
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3.7 /10

Gravenhurst

Public·elementary·2.6km

6.9 /10

Gravenhurst

Public·secondary·2.6km

5.3 /10

Muskoka Beechgrove

Public·elementary·2.9km

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