151 DAVID Street, Gravenhurst

$399,000
151 DAVID Street

$399,000

New
25d
Detached2-Storey

151 DAVID Street, Gravenhurst

Total Monthly Obligation $2,201

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
25d
Score
36
Yield
8.0%
Cash on Cash
9.9%
Cap Rate
6.7%
5Y IRR
23.5%
10Y IRR
21.3%
Property Type-Detached
MLS® Number-X13834870
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-66 × 132 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,603.98 (2026)
Parking-5 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Sutton Group Incentive Realty Inc.
Cooling-None
Laundry-No
Fireplace-Freestanding, Natural Gas
Pool-None
Facing-South
Exterior-Board & Batten , Wood
Roof-Metal
Foundation-Stone, Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Muskoka (S)
Title-Residential Freehold

No agent assigned

This lovely 3-bedroom, 1.5-bathroom home with oversized detached garage is a first-time buyers delight. Located in the heart of Gravenhurst it is within easy walking distance to shopping, schools and Gull Lake park where you'll find an incredible beach, dock, playground and numerous amenities. The open-concept living room and kitchen make family-time connected and fun. With a main level primary bedroom this home is also appealing to retirees. Upstairs offers two generous sized additional bedrooms, a full bathroom with separate shower and tub, and a cozy family room with a free-standing gas fireplace. Step out of the mudroom/dining room to an interlocking brick patio with pergola and the oversized detached garage. The large, level backyard is an oasis with numerous mature trees, privacy and is partially fenced. Two driveways offer ample parking for your vehicles. Whether you are a young family looking for a first home or a business owner searching for a space to live and work, this could be the opportunity you have been waiting for. This property is C2 zoned, reach out to the town for permitted uses. Call your Realtor today.

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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,201/mo
Mortgage $1,609
Monthly Loss $1,778
Principal$424
Interest$1,186
Property Tax$217
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%42
Cash-on-Cash
2.6%13
5-Year IRR
17.8%85
10-Year IRR
16.9%
Returns Index
48.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
36/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,800/yr
NOI
$21,516/yr
Net Cash Flow
$184/mo
Cash Margin
6.9%17
Cash Flow Index
16.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1137
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
42.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 151 DAVID Street

Time

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