Lt 46 Phillip Street

Muskoka (S), Gravenhurst · MLS® X13650984

8,428 sq ft · Land · Vacant Land · 78 days on market

listed by TRACY JIANG, HOMELIFE GOLCONDA REALTY INC.

realtor's description

PRIME IN-TOWN DEVELOPMENT OPPORTUNITY! Previously three separate parcels, now successfully consolidated into ONE BUILDABLE PARCEL with a new PIN assigned-saving a developer time, cost, and administrative work. Zoned Residential Multiple One (RM-1) with potential for up to 5 dwelling units, subject to Town approval and buyer verification. Ideal for a multiplex, rental development, multi-generational housing, or senior co-housing/shared-living project. Located in the heart of Gravenhurst, steps to Gull Lake Park and close to downtown, shopping, and waterfront amenities. Municipal water and sewer available at the road. Property is located within the Gravenhurst Community Improvement Program (CIP) area and may qualify for various grants/incentives. Buyers are encouraged to check with the Town of Gravenhurst regarding zoning, permitted uses, servicing, grants, and development opportunities. VTB financing may be available for qualified buyers.

property details

type: Land, Vacant Land
living area: 8,428 sq ft
parking: 0
property tax: $1,221 / yr
days on market: 78
MLS®: X13650984

monthly cost

$1,230/mo

Mortgage $1,128 · Tax $102

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,128/ monthly

loan $207,200

25-year amortization

down payment20% · $51,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $131,331
cash to close: $51,800; down payment; transfer tax and fees not included
total paid: $338,531

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.