260 PETER St
Muskoka (S), Gravenhurst, P1P 1G2
FOR SALE
$599,900
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSX11948605
MLSIDContact Us
Property Description
Purpose built top/bottom duplex located in central Gravenhurst! With over 2000sqft of living space 2+2 bedrooms, 2 x 4 Pc bathrooms with garage converted to communal laundry room. The upstairs unit is currently rented month to month + hydro but will be vacant come April 1st 2025 while the basement is currently vacant and ready for immediate occupancy. Rare chance to set market rent for both units, low expenses, great potential for 6+% cap rate. Double paved driveway offers plenty of parking. Level lot with private backyard, walking distance to all town amenities. Would make a great multi-generational home or investment property.
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Property Features
Arts Centre, Lake Access, Park, Place Of Worship, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
50' x 151'
Acreage
< .50
Fronting
South
Taxes
$2,978 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.98' x 25.00' | Combined W/Dining |
| Kitchen | Main | 15.49' x 13.98' | |
| Prim Bdrm | Main | 10.99' x 12.99' | |
| Br | Main | 9.81' x 14.99' | |
| Bathroom | Main | 4.99' x 7.97' | |
| Living | Lower | 13.98' x 25.00' | Combined W/Dining |
| Kitchen | Lower | 7.97' x 11.32' | |
| Br | Lower | 14.99' x 12.99' | |
| Br | Lower | 9.81' x 8.83' | |
| Bathroom | Lower | 4.99' x 7.97' |
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Gravenhurst Market Statistics
Gravenhurst Price Trend
260 PETER St is a 2-bedroom 2-bathroom home listed for sale at $599,900, which is $41,100 (6.4%) lower than the average sold price of $641,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Gravenhurst declined by $9,000 (1.4%) compared to the previous 30 day period (December 22 - January 20) and up $411,000 (178.7%) from the same time one year ago.Inventory Change
There were 5 2-bedroom homes listed in Gravenhurst over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Gravenhurst typically sold ($11,400) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,500 increase compared to the previous 30 day period (December 22 - January 20) and ($20,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Gravenhurst over the last 30 days (January 21 - February 19) stood at 80.0%, up from 50.0% over the previous 30 days (December 22 - January 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Gravenhurst stood at 77 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals North
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