$520,000
↓ $14,000 from $534,000
Est. payment $2,302/moCalculate yours
635 First Street S, Gravenhurst, ON P1P 1K1
Muskoka (S), Gravenhurst, ON P1P 1K1
- 5 Beds
- 2 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX HALLMARK CHAY REALTY MLS® X13752294
About this home
Discover this fully legal duplex in the heart of Gravenhurst, now featuring significant recent improvements that enhance its appeal and value. In 2025, Unit A underwent a full renovation, including new drywall, updated flooring, updated windows, a modern kitchen with stainless steel appliances, and a renovated four piece bathroom. The property also received new vinyl siding throughout the exterior in 2025, with new shingles completed in August 2026, offering important peace of mind for years to come. Located just minutes from downtown Gravenhurst, Gull Lake, and Lake Muskoka, this well maintained property offers two self contained units, each with separate hydro and gas meters, private driveways with two car parking, individual fenced backyards, and separate laundry facilities. Unit A is vacant and ready for immediate occupancy and features three spacious bedrooms, an eat in kitchen, a generous living area and a detached garage. Unit B includes two bedrooms, a four piece bathroom, a full kitchen, a comfortable living room, separate laundry, and access to an unfinished basement providing ample storage. With extensive recent renovations, refreshed exterior finishes, new shingles, private outdoor spaces, separate utilities, and a desirable central location, this versatile duplex presents an excellent opportunity for investors, first time buyers, or those looking to offset their mortgage in one of Muskoka’s most sought after communities.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle, Metal
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 66 Feet
- Parking
- Detached garage · 5 total
- Zoning
- RM1
Financial
- Property Taxes
- $2,016 (2025)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- Muskoka Rd/Veterans Way
- Direction Faces
- East
Listing
- MLS® Number
- X13752294
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- Flexible
- Listed By
- RE/MAX HALLMARK CHAY REALTY
Rooms
Features
Interior
- Separate Heating Controls
- Separate Hydro Meter
- Water Heater Owned
Property
- Hospital
- Lake/Pond
- Marina
- School
- Fenced Yard
Pool
- None
- Included
- Refrigerator x2, Stove x2, Washer x2, Dryer x2, All Electrical Light Fixtures, Hot Water Tank (Owned) x2
- Excluded
- Tenants Belongings
Mortgage calculator
Estimated mortgage payment
$2,302 per month
- Principal and interest
- $2,302
- Property tax
- $168
- Condo fees
- $0
- Estimated monthly cost
- $2,470
Your mortgage
- Mortgage amount
- $416,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $274,734
Cash to close
- Down payment
- $104,000
- Land transfer tax
- $6,875
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $110,875
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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