$525,000
↓ $70,000 from $595,000
Est. payment $2,325/moCalculate yours
295 Bishop Street, Gravenhurst, ON P1P 1J6
Muskoka (S), Gravenhurst, ON P1P 1J6
- 2 Beds
- 1 Baths
- 1,100 Sq Ft
Listing courtesy of Royal LePage Lakes Of Muskoka Realty MLS® X13068426
About this home
Welcome to effortless one-floor living in the heart of Gravenhurst! This beautifully updated bungalow is the perfect opportunity for those looking to downsize without compromising on style or comfort. Extensive renovations over the last five years include new flooring, entryway with updated stairs, new interior doors, fresh paint throughout the interior and exterior, and added closet and storage solutions in the mudroom. This home is truly move-in ready. The newly renovated kitchen is a true highlight, featuring a centre island perfect for storage and casual dining, opening seamlessly into an informal dining area - ideal for everyday meals. For larger gatherings, a formal dining space connects to the expansive living area, creating a natural flow throughout the main floor. The newly renovated bathroom carries the same modern, clean aesthetic found throughout the home. Retreat to the primary bedroom, complete with a walk-in closet. New gas furnace installed 2026. Step through the walkout onto your private deck, where a charming pergola sets the scene for relaxed outdoor entertaining, overlooking a fully fenced backyard - perfect for morning coffee or hosting family and friends. Just a five-minute walk to the beach at Gull Lake Park, enjoy nature and recreation right at your doorstep. The full basement offers exciting potential for future development, and C-2 zoning opens the door to possibilities beyond residential use - making this an ideal choice for anyone looking to run a home-based business. Whether you’re simplifying your lifestyle or seeking a versatile property in a sought-after Muskoka community, this one truly checks all the boxes.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Unfinished, Development Potential, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete, Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 132 Feet
- Parking
- None garage · 1 total
- Zoning
- C-2
Financial
- Property Taxes
- $2,194 (2025)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- Bethune and Bishop
- Direction Faces
- South
Listing
- MLS® Number
- X13068426
- Days on Market
- 170
- Listed On
- 2026-05-01
- Possession
- TBA
- Listed By
- Royal LePage Lakes Of Muskoka Realty
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
Property
- Rec./Commun.Centre
- Beach
- Lake Access
Pool
- None
- Included
- Frigidaire built in dishwasher, Frigidaire stove, LG fridge, electric fireplace, curtain rods
- Excluded
- window coverings, washer/dryer combo in basement
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$2,325 per month
- Principal and interest
- $2,325
- Property tax
- $183
- Condo fees
- $0
- Estimated monthly cost
- $2,507
Your mortgage
- Mortgage amount
- $420,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $277,376
Cash to close
- Down payment
- $105,000
- Land transfer tax
- $6,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $111,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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