For Sale

469 Bethune Drive, Gravenhurst, Ontario P1P 1B8

$0

469 Bethune Drive, Gravenhurst, Ontario P1P 1B8 is For Sale and has a listing price of 1,700,000. The property is located in the Gravenhurst neighbourhood . It's been on the website for 40 Days.

  • Investment
    Property Type
  • 23
    Bathrooms
  • MLS ID: X12033312
  • Office Name CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Property Description

21 ROOM MOTEL For Sale in the city of Gravenhurst in MUSKOKA AREA, one of the major tourists attractions. Just 1.5 hours north of the GTA and close to the Trans Canada Hwy 11 exit. Absentee Owner, great potential for the new buyer to be an Owner Operator, make more money and cut-down the overhead expenses. The property has a good family Restaurant as well (it was on lease till mid 2024) currently it’s closed and under renovation. FUTURE POTENTIAL: Ideal location for the Builder/Developer to utilize this 3.08 Acres lot and build a branded hotel or to expand the existing motel with the city’s approval.

Property Details
  • MLS ID: X12033312
  • Bathrooms: 23
  • Price: $1,700,000
  • Lot Depth: 370
  • Transaction Types: For Sale
  • Ref ID: X12033312
  • Year Built: N/A
  • Dir / Cross St: Bethune Dr N & Winewood Ave E
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/21/2025 X12033312 $1,700,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Gravenhurst
  • $886,631 Average List Price
    based on 1 year
  • 156 New Listings
    based on 30 days
  • 121 Median Days on Market
    based on 1 year
  • List vs. Selling Price 164.27 % Up
  • Sold (12mo) 208
  • Rented (12mo) 35

  • 1 Month Change -88.6%
  • 3 Month Change -79.9%
  • 6 Month Change -84.5%
Walkscore
Property Type Distribution
  • All Houses
    66.51%
  • Commercial
    22.87%
  • Condo
    8.49%
  • Land for Sale
    2.13%
Additional Details
  • Heat Type Baseboard
  • Washroom Type1: 23
  • Garage Type Outside/surface
  • Parking Spaces: 30
  • Taxes: $9,341
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30-60 days
  • Listing Entry Date: 21/03/2025 03:06:36
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