<-- style PDP --> 120 Bakery Lane, Gravenhurst - Duplex for sale for $598,500
  • sold

120 Bakery Lane

Gravenhurst, Ontario, P1P 1T6 - Muskoka (S)

$598,500$000000

  • Neighbourhood

    Muskoka (S)

  • Major Intersection

    Muskoka Road 169

  • Listed Since: 198 day(s)

  • Last update: 151 day(s) ago

Overview

  • Property Type

    Duplex, Bungalow

  • Bedrooms

    4

  • Bathrooms

    2

  • Basement

    Fin W/O + Sep Entrance

  • Kitchen

    2

  • Total Parking

    10

  • Lot Size

    165x125.4 (Feet)

  • Taxes

    $2,394.09 (2025)

  • Type

    Freehold

Property Description

Property description for 120 Bakery Lane, Gravenhurst

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!

Listed by Coldwell Banker The Real Estate Centre

  • MLS #

    X12469863

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    None

  • Total Parking

    10

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

  • MLS #

    X12469863

  • Sq. Ft

    700-1100

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    None

  • Total Parking

    10

  • Family Room

    N

  • Den

    N

  • Exterior

    Vinyl Siding

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 120 Bakery Lane, Gravenhurst

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Estimated price

Date
Price
Change
2025-10-18
$588,782
---

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 6 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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