1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON

$1,190,000
MLS#:X13677086
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
Loading property media...
Added:Aug 14, 2026(15 days ago)
Updated:Aug 28, 2026(1 day ago)
Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,190,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 110 x 256 ft lot
  • 4.0 total parking spaces available
  • Notable attributes: Built-In Oven, Countertop Range, Carpet Free
  • Efficient baseboard heating via electric

Description

Experience four-season Muskoka living just steps from the water on beautiful Kahshe Lake! Completely renovated from top to bottom, this charming cottage offers the perfect blend of modern comfort and classic Muskoka living. With extensive updates throughout, including a new kitchen, flooring, roof, siding and a brand-new deck, there is nothing left to do but enjoy this move-in-ready retreat. Set on 110 feet of shoreline, the property offers an exceptional waterfront setting with the lake just steps from your door. Spend your days swimming, boating and relaxing by the water, then gather on the new deck to enjoy the peaceful Muskoka surroundings. Inside, the 3-bedroom cottage has been thoughtfully updated throughout, with a modern kitchen featuring built-in appliances and a countertop range, along with fresh finishes and a comfortable, functional layout. Located with great road access and close to one of the lake's best bays, the property combines a peaceful cottage setting with everyday convenience. Just minutes away from Gravenhurst, providing easy access to shopping, restaurants, groceries and all the amenities you need. The adjacent waterfront lot is also available for sale separately, offering an exciting opportunity for buyers looking to expand their Muskoka footprint, create additional space for family and guests, or explore future possibilities.

Upcoming Open Houses

Sunday, August 30, 202611:00 AM - 1:00 PMPublic
Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 1055 West Bank Drive, Gravenhurst is currently for sale and has been available on SousaSells for 15 days. This property is listed at $1,190,000 with an estimated mortgage of $3,961* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1055 West Bank Drive, Gravenhurst is in the Morrison neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Morrison, Gravenhurst.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Gravenhurst.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 14, 2026 (15 days ago)
UpdatedAug 28, 2026 (1 day ago)
Last Checked7 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
Lot Size110 Ă— 256 Feet
CountyMuskoka
Annual Tax$3,808
Legal DescriptionLOT 27, PLAN M94 MORRISON; TOGETHER WITH AN EASEMENT OVER PART LOTS 10 AND 11, CONCESSIONS 6 AND 7 MORRISON, PARTS 3, 5 AND 6, PLAN 35R17668, PARTS 1 AND 2, PLAN 35R19623, PARTS 1 TO 4, PLAN 35R17657, PART 7, PLAN 35R19573 AS IN MT14395 ; GRAVENHURST; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Lake/Pond
  • Wooded/Treed

Interior Features

  • Built-In Oven
  • Countertop Range
  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON

Q.What is the asking price for 1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON ?

The current listing price for 1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON in Morrison, Gravenhurst is $1,190,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON ?

1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON offer?

Key property features include: Lake/Pond, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Countertop Range, Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

Location

Initializing map...
1055 West Bank Drive, Unit COTTAGE, Gravenhurst, ON

Google Street View

Open in Google Maps
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Morrison, Gravenhurst

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1055 West Bank Drive COTTAGE, Gravenhurst, ON P0E 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gravenhurst.

Configure Loan Settings

Interest Rate4.00%
Down Payment$357,000 (30.0%)
* Minimum Canadian down payment required for this price is $238,000.
Amortization Period30 Years
Estimated Monthly Payment$3,961Based on a loan of $833,000 over 30 years.
Purchase Price$1,190,000
Loan Amount$833,000
Provincial Land Transfer Tax:$20,275
Total Estimated Closing Taxes:$20,275

About Purchasing a Home in Gravenhurst, ON

For a property listed at $1,190,000 in Gravenhurst, the legal minimum down payment is $238,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,275 for this transaction. As this listing is in Gravenhurst (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,275.

Similar Listings in Morrison, Gravenhurst

Explore all Just Listed Homes in Gravenhurst →

Morrison, Gravenhurst Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Morrison, Gravenhurst.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$807,742

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Morrison, Gravenhurst

Elementary Schools

Muskoka Beechgrove
Public395 Muskoka Beach Road, Gravenhurst, Ontario, P1P 1M9
6.2
Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
5.4

Secondary Schools

Gravenhurst
Public325 Mary Street South, Gravenhurst, Ontario, P1P 1X7
6.9

Morrison, Gravenhurst Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

Similar Active Listings in Gravenhurst

Compare prices, square footage, and school zones for similar Residential Freehold nearby

All Gravenhurst Homes
Residential Freehold for sale - 5 Bed, 3 Bath Home at 1037 Rockcastle Road Gravenhurst ON listed at $1,390,000 (MLS# X13715824)
Added 3 days ago
$1,390,000
5bd
3ba
1kt
Residential Freehold

1037 Rockcastle Road, Gravenhurst

Aug 26, 2026
DOM: 4

Top 5 Reasons You Will Love This Home: 1) Set on an impressive 2-acre property with 205' of beautifu...

MLS#: X13715824
For Sale
Residential Freehold for sale - 4 Bed, 3 Bath Home at 2285 Southwood Road Gravenhurst ON listed at $1,179,000 (MLS# X13701012)
Added 8 days ago
$1,179,000
4bd
3ba
1kt
Residential Freehold

2285 Southwood Road, Gravenhurst

Aug 21, 2026
DOM: 9

Welcome to your private Muskoka retreat! Nestled on 16 picturesque acres just minutes from Gravenhur...

MLS#: X13701012
For Sale
Residential Freehold for sale - 3 Bed, 3 Bath Home at 1005 Laidlaw Avenue Gravenhurst ON listed at $1,149,000 (MLS# X13691020)
Added 10 days ago
$1,149,000
3bd
3ba
1kt
Residential Freehold

1005 Laidlaw Avenue, Gravenhurst

Aug 19, 2026
DOM: 11

Welcome to "The River View," a custom-built Muskoka retreat that captures the best of both worlds - ...

MLS#: X13691020
For Sale
Residential Freehold for sale - 3 Bed, 2 Bath Home at 891 Peninsula Road Gravenhurst ON listed at $1,250,000 (MLS# X13686510)
Price Change
$1,250,000
3bd
2ba
1kt
Residential Freehold

891 Peninsula Road, Gravenhurst

Aug 18, 2026
DOM: 12

Muskoka living at its best - 12.93 private acres, exceptional outdoor space and beautifully renovate...

MLS#: X13686510
For Sale