635 First Street
Gravenhurst, ON
- 5 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
- 12 days on market
Discover this fully legal duplex in the heart of Gravenhurst, now featuring significant recent improvements that enhance its appeal and value. In 2025, Unit A underwent a full renovation, including new drywall, updated flooring, updated windows, a modern kitchen with stainless steel appliances, and a renovated four piece bathroom. The property also received new vinyl siding throughout the exterior in 2025, with new shingles completed in August 2026, offering important peace of mind for years to come. Located just minutes from downtown Gravenhurst, Gull Lake, and Lake Muskoka, this well maintained property offers two self contained units, each with separate hydro and gas meters, private driveways with two car parking, individual fenced backyards, and separate laundry facilities. Unit A is vacant and ready for immediate occupancy and features three spacious bedrooms, an eat in kitchen, a generous living area and a detached garage. Unit B includes two bedrooms, a four piece bathroom, a full kitchen, a comfortable living room, separate laundry, and access to an unfinished basement providing ample storage. With extensive recent renovations, refreshed exterior finishes, new shingles, private outdoor spaces, separate utilities, and a desirable central location, this versatile duplex presents an excellent opportunity for investors, first time buyers, or those looking to offset their mortgage in one of Muskoka's most sought after communities.
Listing Details
- Taxes (2025)
- $2,016
- Listed
- September 8, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Block
- Interior
- Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
- Lot Size
- 66 x 66 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Muskoka Rd/Veterans Way
- Zoning
- RM1
- Parcel Number
- 481850023
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Refrigerator x2, Stove x2, Washer x2, Dryer x2, All Electrical Light Fixtures, Hot Water Tank (Owned) x2
- Exclusions
- Tenants Belongings
Schools
Secondary
- Gravenhurst High School0.4 km
Public · Trillium Lakelands DSB · 330 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Gravenhurst Public School0.6 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 School2.1 km
Public · Trillium Lakelands DSB · 360 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 73% 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
- 226
- Median days on market
- 34
- Sale-to-list price
- 94.8%
Based on 226 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Rooms
4-piece, 4-piece
Second
- Bedroom11'10" x 12'10"
- Bedroom 215'1" x 9'6"
- Bedroom 39'6" x 9'10"
Main
- Bedroom10'6" x 11'2"
- Bedroom 213'9" x 9'10"
- Breakfast20'8" x 7'7"
- Kitchen8'2" x 15'1"
- Kitchen15'9" x 7'7"
- Laundry9'2" x 6'7"
- Living Room14'9" x 7'10"
- Living Room11'10" x 15'1"
Listed by
RE/MAX HALLMARK CHAY REALTY
Walk Score
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Location
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Mortgage Calculator
$106,800
Estimated Monthly Payment
$2,623
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
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Mortgage: $2,623/mo (20% down, 5.5%)
Taxes: $168/mo · Insurance: $134/mo
Estimates only. Consult a financial advisor.
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