$599,000
Available - For Sale
Listing ID: X12230089
120 Bakery Lane , Gravenhurst, P1P 1T6, Muskoka


Welcome to this inviting income property, just moments away from the enchanting Gravenhurst Wharf and Muskoka Bay Park. This exceptional property features two fully equipped units filled with natural light pouring in from the large windows. Upstairs, you'll find two spacious bedrooms, a full bath, and convenient laundry facilities, all complemented by a sprawling front deck. Step outside to the separate side entrance leading to an upper deck. Downstairs, you'll be pleasantly surprised by the spacious, bright, and open feel of the lower unit. With large windows that flood the space with natural light, it truly doesn't feel like a basement at all. The unit features generous living space, two large bedrooms, newer flooring and carpeting, a full bath, private laundry, and its own separate entrance. Both units offer very large bedrooms and open-concept living areas that provide great flow and functionality, creating a space that feels 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.The electrical panel and hardwired smoke detectors were installed and updated in June 2020, a brand new septic system in 2020, a new upper deck and replacement of the flat roof underneath in 2021, replacement of both side decks, upgraded attic insulation, and replaced eavestroughs. Many details have been carefully considered and updated for your peace of mind. Don't miss the opportunity to take advantage of the properties proximity to Muskoka Bay Park, offering a breathtaking beach on Lake Muskoka, tennis courts, playgrounds, and a baseball diamond. Your perfect investment opportunity awaits!
Price $599,000
Taxes: $2394.09
Assessment Year: 2024
Occupancy: Tenant
Address: 120 Bakery Lane , Gravenhurst, P1P 1T6, Muskoka
Directions/Cross Streets: Highway 169
Rooms: 5
Rooms +: 5
Bedrooms: 2
Bedrooms +: 2
Family Room: F
Basement: Separate Ent, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 29.49 11.32 Combined w/Living
Room 2 Main Bedroom 2 11.15 9.09
Room 3 Main Primary B 18.17 9.15
Room 4 Main Laundry 6.99 8.5 Closet, Side Door
Room 5 Main Bathroom 7.54 9.97 4 Pc Bath
Room 6 Basement Kitchen 28.34 10.99 Combined w/Living
Room 7 Basement Primary B 12.17 14.66
Room 8 Basement Bedroom 2 14.76 9.51
Room 9 Basement Laundry 10.23 6.76
Room 10 Basement Utility R 17.84 13.32
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Main
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Circular D
Drive Parking Spaces: 8
Park #1
Parking Type: Circular D
Park #2
Parking Type: Circular D
Park #3
Parking Type: Private
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
Utilities-Cable: A
Utilities-Hydro: Y
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Coldwell Banker The Real Estate Centre
Personal Picture
Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style: Bungalow
Lot Size: x 125.40(Feet)
Approximate Age:
Tax: $2,394.09
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years