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Renanza Realty
For sale

195 NELSON STREET

Gravenhurst (Muskoka (S)), Ontario

MLS® X12862382

$169,000

Status
Active
Property type
Vacant land
MLS® number
X12862382
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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.

Property summary

MLS® number
X12862382
Property type
Vacant Land
Square footage
8,773 sq ft
Land size
66 x 132 FT ; 65X134X64X134
Annual property taxes
$785.00
Days on market
203 days

What would this home cost you?

Based on the $169,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$786 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE GOLCONDA REALTY INC., MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.