195 NELSON STREET, Gravenhurst (Muskoka (S))

$169,000

For sale: Vacant Land

Vacant Land at 195 NELSON STREET, Gravenhurst (Muskoka (S))
Property type
Land
MLS®
MLS® X12862382
Neighbourhood
Muskoka (S)

Prime Downtown Corner Development Opportunity in Gravenhurst - Gateway to Muskoka. Exceptional opportunity to acquire a prominent 66 x 132 ft. corner lot in the heart of Gravenhurst. Offering dual frontage on Nelson St. and Clarence St., this parcel provides flexible site design, and convenient access for parking and circulation. Zoned C-6 Commercial, the property permits a broad range of uses including retail, professional office, service commercial, light industrial, warehousing, distribution, hotel/motel, and indoor recreation/entertainment. The zoning also allows for potential mixed-use development incorporating residential units in conjunction with permitted commercial uses (Buyer to verify all permitted uses and requirements with the municipality). Preliminary concept plans have been prepared, envisioning a mixed-use building of approximately 4,500 sq. ft. above grade (excluding basement), featuring a commercial component and five residential units above (2 x 2-bedroom, 2 x 1-bedroom, 1 bachelor). Conceptual layouts also include 900 sqft office area, and 600 sqft. shared common areas. These plans are provided for illustrative purposes only. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, servicing, and development potential. Municipal services available. Ideally located just minutes to Highway 11 and close to key Muskoka attractions including Muskoka Wharf, Muskoka Bay, and Gull Lake. Walking distance to major amenities such as Canadian Tire, Sobeys, Shoppers Drug Mart, Giant Tiger, and LCBO, by ongoing residential growth and supported by a strong local rental market with low vacancy rates, this property represents an outstanding infill development opportunity for investors, developers, or end-users looking to build in one of Muskoka's most desirable and growing communities. Seller may consider Vendor Take Back (VTB) financing for qualified buyers. Go direct.

Sold data

Homes in Gravenhurst (Muskoka (S)) — recent sold market

Homes in Gravenhurst (Muskoka (S)) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 62, across 67 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.

The median sale price was $649,900.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$649,900
Sale-to-list ratio
96.2%
Sold above asking
10%

Based on 67 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Gravenhurst (Muskoka (S))

Gravenhurst (Muskoka (S)) has 2 Fraser Institute–rated schools (1 elementary and 1 secondary).

Rated schools
2
Elementary
1
Secondary
1

Top-rated schools in Gravenhurst (Muskoka (S))

  • Gravenhurst — secondary, GravenhurstFraser rating 6.9/10
  • Muskoka Beechgrove — elementary, GravenhurstFraser rating 6.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 195 NELSON STREET