1029 & 1031 COWBELL Lane, Gravenhurst

$1,199,900
1029 & 1031 COWBELL Lane

$1,199,900

New
4d
DetachedBungalow

1029 & 1031 COWBELL Lane, Gravenhurst

Total Monthly Obligation $5,700

Beds
3
Baths
2
Park
8
Sqft
2500-3000
DOM
4d
Yield
2.9%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X14093254
Beds-3
Bathrooms-2
Size-2500-3000 sqft
Lot Size-421.17 × 329.24 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$5,814.45 (2026)
Parking-10 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Propane)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Propane
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Morrison
Title-Residential Freehold

No agent assigned

Two Separate Properties, Over 2.2 Acres and Endless Possibilities! Welcome to 1029 & 1031 Cowbell Lane, where a spacious custom bungalow on 1.005 acres is offered with an adjoining 1.219 acre vacant property. Enjoy the privacy and expansive open space, preserve the additional land as your own natural retreat, or explore the potential for a separate residence or workshop. Mature trees, lawns, colourful gardens and woodland create a beautiful setting, with views of nature from virtually every window throughout the seasons. From the moment you enter, the generous foyer, wide hallways and thoughtful layout convey the home's impressive size and comfortable flow. This spacious bungalow offers three bedrooms plus a dedicated office that could serve as a fourth bedroom, a large family room with a cozy gas fireplace, and an expansive open kitchen and dining area ideal for gathering and entertaining. The beautiful four season sunroom is part of the home, with oversized windows that bring the outdoors in, making it a wonderful spot for morning coffee or simply enjoying the peaceful surroundings. Outdoor living is equally inviting, with a huge covered front porch, a generous patio off the sunroom with retractable awning, and a rear deck with gas BBQ connection. The two car garage is complemented by a versatile heated workshop between the garage and home, with direct access to the sunroom and covered porch. Additional features include an interlocking driveway, in ground sprinkler system, backup generator and a huge unfinished basement with plenty of potential for future living or recreational space. Across from the Severn River, this friendly neighbourhood offers quiet walks along the lane, nearby trails and easy Highway 11 access while remaining comfortably removed from traffic noise. Orillia is an easy drive south and Gravenhurst north. Two distinct properties, an exceptional custom home and a peaceful natural setting with space to enjoy today and possibilities for tomorrow.

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Closing Costs

Mortgage Amount
$959,920
Land Transfer Taxes$20,473
Legal Fees (Est.)
$
Total cash required for closing$261,953

Total Monthly Obligation

$5,700/mo
Mortgage $4,840
Monthly Loss $4,426
Principal$1,274
Interest$3,566
Property Tax$485
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 1029 & 1031 COWBELL Lane

Time

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