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$889,000
Est. payment /mo
3 Beds
2 Baths
New
460 Wellington ST Gravenhurst, ON P1P 1A5
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Muskoka (S)
MLS Listing ID X12124637
Style Bungalow
Bedrooms 3
Annual Tax Amount $3,045
Tax Year 2024
Property Sub-Type Detached
Property Description
This fully renovated bungalow is perfectly situated on a rare and oversized double lot in one of the towns most desirable neighbourhoods just a short walk to Muskoka Beechgrove Public School. This warm and inviting home features a stunning open-concept layout with soaring vaulted ceilings, striking wood beams, and a spacious kitchen complete with a large island ideal for hosting family and friends. Major upgrades include a new gas furnace, hot water tank, complete foundation waterproofing, new insulation in walls and ceilings, new roof sheeting and shingles, all new siding, drywall, and a fully updated interior. With 3 bedrooms, 2 full bathrooms, a pantry, laundry room, and a thoughtfully designed floor plan, this home delivers comfort, character, and functionality. The true opportunity lies in the large double lot, which offers incredible development potential in one of Gravenhurst's most sought-after neighbourhoods. With municipal sewer and water available right at the road the property can likely be severed into two additional lots, making it an ideal choice for a wide range of buyers. Whether you're looking to sell the newly created vacant lots an extremely rare and valuable commodity in this area build your dream home while renting or selling the existing house, or develop a multi-unit investment property, the possibilities are endless. This property also presents a fantastic opportunity for entrepreneurs to build a shop with living quarters above or for families to create a backyard oasis with space for a pool, guesthouse, or custom outdoor retreat. No matter your vision, this lot offers the rare chance to build equity, generate income, or create the lifestyle you've been dreaming of all in a prime location with limited vacant land availability. A detached garage and shed offer extra storage or workspace. Whether you're an investor, entrepreneur, or homeowner with vision, this property is packed with potential and ready to help you build equity and income.
Location
State ON
County Muskoka
Community Muskoka (S)
Area Muskoka
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 1
Interior
Interior Features Sump Pump, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private Double
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 150.0
Lot Depth 200.0
Total Parking Spaces 8
Building
Foundation Concrete Block
Listed by Coldwell Banker The Real Estate Centre