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$849,000
Available - For Sale
Listing ID: X12026390
Nestled on the serene shores of Morrison Lake, this fully winterized, four-season lakefront cottage offers the perfect retreat from the hustle and bustle of city life. With 122 feet of sandy shoreline, a gentle entry for swimming, and deeper water at the end of the dock, this property is ideal for both relaxation and adventure. Enjoy breathtaking northwest views from the lakeside deck, just steps from the water, thanks to a grandfathered setback. The family-friendly lot features a beautiful sandy beach and a dedicated play area, making it a haven for children and guests alike.The updated two-bedroom, one-bath bungalow boasts a bright and airy open-concept living space with warm wood floors and a cozy propane stove, perfect for chilly evenings. Step outside onto the expansive deck, designed for effortless entertaining, whether you're grilling, watching the stars or enjoying a peaceful morning coffee. Recent upgrades include a new propane furnace, a UV filtration system, a newer washer and dryer, a spray-foamed crawl space, and a new waterfront deck. The level driveway leads directly to the cottage, ensuring easy year-round access from the municipally maintained road. Beyond summer enjoyment, this property shines in the winter with excellent snowmobile trails and ice fishing opportunities. Whether you're seeking a personal lakeside sanctuary or an investment property with rental potential, this charming cottage checks all the boxes. Priced competitively for ease of financing, this is a rare opportunity to own a piece of paradise on Morrison Lake. The proximity of this retreat to Toronto (just 1 hr 40 min away) make it a convenient yet idyllic escape from city life.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $16,745 $33,490 $50,235 $66,980
First Mortgage $318,155 $301,410 $284,665 $267,920
CMHC/GE $8,749.26 $6,028.2 $4,981.64 $0
Total Financing $326,904.26 $307,438.2 $289,646.64 $267,920
Monthly P&I $1,400.11 $1,316.73 $1,240.53 $1,147.48
Expenses $0 $0 $0 $0
Total Payment $1,400.11 $1,316.73 $1,240.53 $1,147.48
Income Required $52,503.96 $49,377.52 $46,520.03 $43,030.52

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Johnston & Daniel Rushbrooke Realty

1190 South Morrison Lake Road , Gravenhurst, P0E 1G0, Muskoka

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Wood (Gravenhurst)
Style: Bungalow
Lot Size: x 90.65(Feet)
Approximate Age:
Tax: $3,170.68
Maintenance Fee: $0
Beds: 2
Baths: 1
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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