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$169,000
Available - For Sale
Listing ID: X12862382
195 Nelson Street , Gravenhurst, P1P 1K7, Muskoka


Prime Downtown Corner Development Opportunity in Gravenhurst - Gateway to Muskoka. Exceptional opportunity to acquire a prominent 66 x 132 ft. corner lot in the heart of Gravenhurst. Offering dual frontage on Nelson St. and Clarence St., this parcel provides flexible site design, and convenient access for parking and circulation. Zoned C-6 Commercial, the property permits a broad range of uses including retail, professional office, service commercial, light industrial, warehousing, distribution, hotel/motel, and indoor recreation/entertainment. The zoning also allows for potential mixed-use development incorporating residential units in conjunction with permitted commercial uses (Buyer to verify all permitted uses and requirements with the municipality). Preliminary concept plans have been prepared, envisioning a mixed-use building of approximately 4,500 sq. ft. above grade (excluding basement), featuring a commercial component and five residential units above (2 x 2-bedroom, 2 x 1-bedroom, 1 bachelor). Conceptual layouts also include 900 sqft office area, and 600 sqft. shared common areas. These plans are provided for illustrative purposes only. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, servicing, and development potential. Municipal services available. Ideally located just minutes to Highway 11 and close to key Muskoka attractions including Muskoka Wharf, Muskoka Bay, and Gull Lake. Walking distance to major amenities such as Canadian Tire, Sobeys, Shoppers Drug Mart, Giant Tiger, and LCBO, by ongoing residential growth and supported by a strong local rental market with low vacancy rates, this property represents an outstanding infill development opportunity for investors, developers, or end-users looking to build in one of Muskoka's most desirable and growing communities. Seller may consider Vendor Take Back (VTB) financing for qualified buyers. Buyer and Buyer's Agent to complete their own due diligence.
Price $169,000
Taxes: $785.00
Tax Type: Annual
Occupancy: Vacant
Address: 195 Nelson Street , Gravenhurst, P1P 1K7, Muskoka
Postal Code: P1P 1K7
Province/State: Muskoka
Legal Description: See Geowarehouse
Directions/Cross Streets: Clarence St & Nelson St.
Washroom Type No. of Pieces Level
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Washroom Type 48 0
Washroom Type 49 0
Washroom Type 50 0
Category: Designated
Use: Office
Building Percentage: T
Total Area: 8772.58
Total Area Code:  Square Feet
Sprinklers: No
Washrooms: 0
Sewers: None
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE GOLCONDA REALTY INC.
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Ali Shahpazir
Sales Representative
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416-473-8225
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At a Glance:
Type: Com - Land
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style:
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $785
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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