Sold for:Sold Aug 29, 2025
$999,900

524 Peninsula Road

Gravenhurst (Muskoka, S), ON P1P 1R2

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 524 Peninsula Road, Gravenhurst, Muskoka (S)

2025-08-22
2025-08-29
Sold
Price
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MLS#
x12360152

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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 524 Peninsula Road, Gravenhurst, Muskoka (S)

Welcome to your turn-key retreat on beautiful Muldrew Lake. This renovated 3-bedroom, 1-bath cottage offers the perfect blend of modern comfort and classic Muskoka charm. Set on a private lot with 154 feet of clean waterfront, you'll enjoy long lake views from the new dock and endless opportunities for swimming, boating, and relaxing by the shore. The cottage has been tastefully updated throughout, featuring all new decking, fresh finishes, and a functional layout designed for easy lakeside living. The lower level includes the convenience of in-cottage laundry, and lots of storage, while a charming bunkie provides extra space for visiting family and friends. With its inviting living spaces, updated features, and sought-after location, this Muldrew Lake property is ready for you to move in and start making memories.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,483
Land Transfer Tax Fee
$16,473

Rental Items

Under Contract
None

Basement Type
Walk-Out

Interior Features

Laundry Level
Lower Level
Interior Extras
Primary Bedroom - Main Floor, Water Treatment, Water Heater Owned
View
Lake, Water
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Privacy
Pool
None
Property Features
Golf, Greenbelt/Conservation, Library, Park, School, School Bus Route
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Wood
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
153.00 ft
Lot Depth
269.49 ft
Lot Size
1.09
Lot Shape
Rectangular

Inclusions

Inclusions
fridge, stove, dishwasher, washer, dryer, all furnishings.

Exclusions

Exclusions
Personal items, two live edge tables (to be replaced) tools in work shop

Parking & Garages

Garage Type
None
Garage Spaces
8
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Other
Sewers
Septic
Hydro
Yes
Telephone
Yes

Bedrooms
3
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Main level, Wood Stove, Walk-Out
  • Dining Room—
    Main level
  • Kitchen—
    Main level, Custom Backsplash, B/I Dishwasher
  • Primary Bedroom—
    Main level, Double Closet
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Other—
    Upper level

Washrooms

  • 4-piece, Main

Municipality
Gravenhurst
Neighbourhood
Muskoka (S)
Main cross streets
Bay Street/North Muldrew Lake Road
Directions
Bay or James St to North Muldrew Lake Road to Peninsula Road to 524
Waterfront
Direct

MLS® number
X12360152
Data source
Toronto Regional Real Estate Board
Status change
2025-08-29
Listed on
2025-08-22
Days on market
7 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
Royal LePage Lakes Of Muskoka Realty

Home Market Value

Current home valuation for 524 Peninsula Road, Gravenhurst, Muskoka (S), Gravenhurst, ON. Listed for $999,900

HOMEH Estimate

?

$866,159

Estimated Sales Range

?

$606,311 - $1,126,007

HOMEH Estimate for 524 Peninsula Road, Gravenhurst, Muskoka (S)

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

$866,159Low confidence
Based on 15 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:7.5%

5% on first $500K + 10% on $499,900 over $500K

Minimum down payment

$74,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
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$
%
$
%
$
+CMHC insurance
$36,996$27,897$23,798$0
=Total mortgage
$961,903$927,807$873,713$799,920
Amortization
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Payment frequency
=Mortgage payment
$4,696monthly$4,530monthly$4,266monthly$3,906monthly
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Land Transfer Tax

Provincial

$16,473

Total Land Transfer Tax

$16,473

Around this home

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