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1183 South Morrison Lake Road, Gravenhurst, ON P0E 1G0

2+1 beds · 3 baths · 1 kitchen · 7+2 rooms · 14 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$859,000
Property tax
$2,888 / year

Turnkey Year-Round Home Just Steps to Morrison Lake with Right of Way Beach Access! Escape to the lake with this beautifully updated year- round home or cottage just steps from Morrison Lake, offering convenient right-of-way access to a nearby beach for swimming, paddling, and enjoying sunny days & sunsets by the water. Inside, you?ll love the bright open-concept layout, designed for effortless entertaining and cozy nights in. The modern kitchen (2023) is both stylish and functional, creating the perfect gathering space for family and friends after a day at the lake. This turnkey property has been extensively updated, offering exceptional peace of mind with major improvements including: new roof (Feb 2025), new furnace (Apr 2025), new sump pump (Apr 2025), new propane line (Apr 2025), and a new septic system (2021). Full electrical and structural inspections were completed in 2025, ensuring the home is solid and move-in ready. Step outside onto the brand-new deck off the living room and enjoy peaceful views overlooking the lake ? the perfect setting for morning coffee, summer BBQs, or relaxing evenings. A rare bonus feature is the impressive 24' x 30' heated shop with in-floor heating, ideal for hobbyists, woodworking, storage, or even a home-based business. Whether you're searching for a peaceful getaway, family cottage, or full-time residence, this property offers the best of lakeside living with modern upgrades already done. Conveniently located just 1.5 hours from the GTA, 1 hour from Barrie, 30 minutes to Orillia, and 20 minutes to downtown Gravenhurst. Book Your Showing Today!

MLS number
X13085872
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
P0E 1G0
Photos
48
Laundry
Main Level level
130days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Gravenhurst304 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$574k$720k$865k20252026this home’s asking price
$706klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d29d59d20252026
23dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in gravenhurst. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 826 people.

$80,000Median household income
90.8%Own their home
94.6%Detached houses
57.2Median age
5.3%Born outside Canada
19.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440224 — the few blocks around this address, home to 826 people. It describes the area, not this property.

826Population
50.4Average age
2.2Household size
$116,800Average household income
$80,000Median household income
91%Own their home
9%Rent
0%Condominiums
5%Born outside Canada
19%University degree
$860,000Average home value
10%Low income
61%Not in the labour force
20%Never married
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9997%
$90,000 to $99,9992%
$100,000 and over28%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,9995%
$200,000 and over8%

Percentages are of the 490 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$171,800 · minimum here is $60,900
$3,803.47per month
Borrowed before insurance$687,200
Total borrowed$687,200
Interest over 25 years at 4.5%$453,840

If you rented it out

-$4,044.13per month out of pocket
Rent$0.00
Everything it costs to hold$4,044.13
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by MAIN STREET REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.