460 Wellington Street
Gravenhurst, ON
3 bed • 2 bath • approx. 1100-1500 sqft • Detached • 141 days on market
This fully renovated bungalow is perfectly situated on a rare and oversized double lot in one of the towns most desirable neighbourhoods, just a short walk to Muskoka Beechgrove Public School. This warm and inviting home features a stunning open-concept layout with soaring vaulted ceilings, striking wood beams, and a spacious kitchen complete with a large island ideal for hosting family and friends. Major upgrades include a new gas furnace, hot water tank, complete foundation waterproofing, new insulation in walls and ceilings, new roof sheeting and shingles, all new siding, drywall, and a fully updated interior. With 3 bedrooms, 2 full bathrooms, a pantry, laundry room, and a thoughtfully designed floor plan, this home delivers comfort, character, and functionality. The true opportunity lies in the large double lot, which offers incredible development potential in one of Gravenhurst's most sought-after neighbourhoods. With municipal sewer and water available right at the road, the property can likely be severed into two additional lots, making it an ideal choice for a wide range of buyers. Whether you're looking to sell the newly created vacant lots an extremely rare and valuable commodity in this area build your dream home while renting or selling the existing house, or develop a multi-unit investment property, the possibilities are endless. This property also presents a fantastic opportunity for entrepreneurs to build a shop with living quarters above or for families to create a backyard oasis with space for a pool, guesthouse, or custom outdoor retreat. No matter your vision, this lot offers the rare chance to build equity, generate income, or create the lifestyle you've been dreaming of all in a prime location with limited vacant land availability. A detached garage and shed offer extra storage or workspace. Whether you're an investor, entrepreneur, or homeowner with vision, this property is packed with potential and ready to help you build equity and income.
Listing Details
- Taxes (2025)
- $3,171
- Listed
- April 9, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Water Heater Owned
- Lot Size
- 125 x 200 Feet
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Catherine St East
- Parcel Number
- 481780452
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Fridge, stove, dishwasher, washer, dryer, light fixtures, window coverings.
Schools
Elementary
- Muskoka Beechgrove Public School1.1 km
Public · Trillium Lakelands DSB · 360 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Gravenhurst Public School3 km
Public · Trillium Lakelands DSB · 270 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 67% met the provincial standard
Secondary
- Gravenhurst High School3.1 km
Public · Trillium Lakelands DSB · 330 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Gravenhurst · last 12 months
- Median sold price
- $630,000
- Homes sold
- 233
- Median days on market
- 34
- Sale-to-list price
- 95.0%
Based on 233 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Listed by
Coldwell Banker The Real Estate Centre
Location
Mortgage Calculator
$153,000
Estimated Monthly Payment
$3,758
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,758/mo (20% down, 5.5%)
Taxes: $264/mo · Insurance: $191/mo
Estimates only. Consult a financial advisor.
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