LT 46 Phillip Street
Gravenhurst, ON
- 8,428 sqft
- Land
- 152 days on market
Prime in-town multi-residential development opportunity in the heart of Gravenhurst. Zoned Residential Multiple One (RM-1), permitting a wide range of residential uses including single detached, semi-detached, and multi-unit dwellings. A special provision allows for the potential development of up to five residential units. Take advantage of the newly announced 13% HST rebate program and strong rental demand in the growing Gravenhurst market. Ideally located just steps to Gull Lake Park and within close proximity to Independent Grocer, downtown amenities, and waterfront attractions. Municipal water and sewer services are available at the road. Excellent opportunity for builders, developers, or investors seeking a manageable multiplex project in Muskoka. The property is within Gravenhurst Community Improvement Program (CIP) boundary, could eligible for CIP funds, please consult city for more info. Seller may consider Vendor Take Back (VTB) financing for qualified buyers, providing added flexibility in today's lending environment. Go Direct.
Listing Details
- Taxes (2026)
- $2,049
- Listed
- April 2, 2026
Price History
Property
- Lot Size
- 68 x 123 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Hwy11 to Bethune Dr South
- Zoning
- RM-1
- Parcel Number
- 481850003
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Residential
Community
Postal area P1P
- Population
- 11,083
- Private dwellings
- 6,921
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Gravenhurst · last 12 months
- Median sold price
- $630,000
- Homes sold
- 230
- Median days on market
- 34
- Sale-to-list price
- 95.0%
Based on 230 recorded sales of commercial properties in Gravenhurst over the last 12 months.
Listed by
HOMELIFE GOLCONDA REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 8,428 sq ft
- Price per sq ft
- $30.61
- Annual property tax
- $2,049
- Tax per sq ft
- $0.24
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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