A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, forest/trees view for 460 Wellington St, Gravenhurst Ontario P1P 1A5
2 days on Market

460 Wellington St, Gravenhurst, Ontario P1P 1A5

Detached
3
2
~1100-1500 sqft
$889,000
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Detached
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$700/sqft

Est. Mortgage$3,818/mo

Tax Amount (2024)$3,045/yr

Days On Market2 days


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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size30,000 SqFt(200 x 150)
Parking Spaces8
MLS ®NumberX12124637
Community NameGravenhurst
Data SourceTRREB
Listing byColdwell Banker The Real Estate Centre

Features

Heating: Forced Air
Basement: Crawl Space

Main Floor

Pantry

1.8 x 1.3

Living

4.5 x 5.84

Family

4.01 x 4.04

Kitchen

5.74 x 2.24


Features

Lot size: 30,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

May 5, 2025
ListedActive
$889,000
2 days on market
history photo preview26
Listing by trreb®
Property listed by Coldwell Banker The Real Estate Centre, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

43 days

2023

38 days

2022

9 days

New Listings

Past 30 days

49 listings

Compared to

2024

70 listings

2023

41 listings

2022

47 listings

Units sold

Past 30 days

9 units

Compared to

2024

29 units

2023

17 units

2022

30 units

Median Sold Price

Past 30 days

$605,000

Compared to

2024

$790,000

2023

$925,000

2022

$743,500


Population and Demographics

Overview

Total population 12932
Average household income $114,896

Age (%)

65 and plus
30%
50 to 64
25%
35 to 49
16%
0 to 19
15%
20 to 34
15%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
95%
Others
4%

House tenancy (%)

Owners
79%
Renters
21%

Schools and amenities

Estimated Budget