185 McPherson Street
Gravenhurst, ON
- 2 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
- 50 days on market
Location is everything. Positioned just steps from Muskoka Bay Park with views of Lake Muskoka, this updated 2-bedroom, 1-bathroom bungalow offers a lifestyle that's hard to match. Walk down and across the street to enjoy the public beach, swimming area, tennis courts, baseball diamond, playground, and waterfront, all while being just minutes from downtown Gravenhurst and everyday amenities. Inside, the home has been thoughtfully updated and is move-in ready. Recent improvements include a new roof (Summer 2025), newer wood siding, newer appliances, a new hot water tank, updated flooring, fresh paint, and numerous additional upgrades throughout. The property is serviced by municipal water and a private septic system. A covered front porch, detached garage, ample parking, and a spacious yard complete the property, offering plenty of room to enjoy the outdoors. Whether you're a first-time buyer, looking to downsize, or searching for a weekend retreat or an investment property, this is an opportunity to own an updated home in a location where recreation is just steps away. Properties offering this combination of updates, Lake Muskoka views, and proximity to Muskoka Bay Park are becoming increasingly difficult to find. Book your private showing today before it's gone!
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Listing Details
- Taxes (2026)
- $1,934
- Listed
- July 21, 2026
Price History
Property
- Style
- Bungalow
- Age
- 100+
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation, Water Heater Owned
- Lot Size
- 66 x 165 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 5
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- McPherson St and Readman St
- Zoning
- R-1
- Parcel Number
- 481750896
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Washer, Dryer, Fridge, Stove
- Exclusions
- Personal Items
- Rental Items
- 0
Schools
Elementary
- Gravenhurst Public School2.5 km
Public · Trillium Lakelands DSB · 270 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Muskoka Beechgrove Public School3.1 km
Public · Trillium Lakelands DSB · 360 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 73% met the provincial standard
Secondary
- Gravenhurst High School2.6 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
- $625,000
- Homes sold
- 228
- Median days on market
- 34
- Sale-to-list price
- 95.0%
Based on 228 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Rooms
4-piece on Main
Main
- Bathroom7' x 8'7"
- Bedroom7'3" x 8'6"
- Kitchen12'1" x 10'8"
- Laundry13'1" x 8'3"
- Living Room15'3" x 14'4"
- Primary Bedroom9'11" x 8'6"
- Utility Room3' x 3'9"
Listed by
Cocks International Realty Inc.,
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$89,980
Estimated Monthly Payment
$2,210
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,210/mo (20% down, 5.5%)
Taxes: $161/mo · Insurance: $112/mo
Estimates only. Consult a financial advisor.
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