195 Nelson Street, Gravenhurst
$169,000
195 Nelson Street, Gravenhurst
Total Monthly Obligation $1,117
No agent assigned
Prime Downtown Corner Development Opportunity in Gravenhurst - Gateway to Muskoka. Exceptional opportunity to acquire a prominent 66 x 132 ft. corner lot in the heart of Gravenhurst. Offering dual frontage on Nelson St. and Clarence St., this high-visibility parcel provides excellent exposure, flexible site design, and convenient access for parking and circulation. Zoned C-6 Commercial, the property permits a broad range of uses including retail, service commercial, light industrial, warehousing, distribution, hotel/motel, and indoor recreation/entertainment. The zoning also allows for potential mixed-use development incorporating residential units in conjunction with permitted commercial uses (Buyer to verify all permitted uses and requirements with the municipality).Preliminary concept plans have been prepared, envisioning a mixed-use building of approximately 4,500 sq. ft. above grade (excluding basement), featuring a commercial component and five residential units above (2 x 2-bedroom, 2 x 1-bedroom, 1 bachelor). Conceptual layouts also include shared common areas such as elevator and stair access. These plans are provided for illustrative purposes only and have not received formal approvals. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, servicing, and development potential. Municipal services available. Ideally located just minutes to Highway 11 and close to key Muskoka attractions including Muskoka Wharf, Muskoka Bay, and Gull Lake. Walking distance to major amenities such as Canadian Tire, Sobeys, Shoppers Drug Mart, Giant Tiger, and LCBO. Surrounded by ongoing residential growth and supported by a strong local rental market with low vacancy rates, this property represents an outstanding infill development opportunity for investors, developers, or end-users looking to build in one of Muskoka's most desirable and growing communities.
Closing Costs
Total Monthly Obligation
No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 195 Nelson Street
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.