Deeded beach access, turnkey condition, and income potential - this Gravenhurst property is a rare combination in Muskoka. Tucked just off Muskoka Beach Road, minutes from Taboo Resort, its been renovated top to bottom, offering buyers a true turnkey experience. Featuring 3 bedrooms and 2.5 bathrooms with a clean, modern finish throughout; the standout is a massive screened-in porch addition - a bonus space perfect for morning coffee or evening entertaining, and already everyone's favourite room in the house. Just as impressive is the beach access: this property is one of only a handful with deeded rights to a sandy beach on Lake Muskoka, less than a minute away - a rare commodity on this lake for buyers who want the lake lifestyle without private waterfront costs. A separate garage/bunkie adds flexibility - extra parking, workshop space, or guest accommodations. Currently operating as a successful income property, new owners can step in and continue the revenue stream, or easily convert it into a full-time residence or personal cottage retreat. Turnkey, income-producing, and beach-access - opportunities like this don't come up often. Whether it's a full-time house or a cottage property, the options are endless, and with Taboo mid-expansion - a new golf course and upgraded dining just steps away - this pocket is only getting more desirable.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $864 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1002 Chippawa Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
None
Lot & land
Lot size (sqft)
0.186
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
1002 Chippawa Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13815506$950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1002 Chippawa Ave Compares to the Gravenhurst Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,667
/mo
based on the purchase price of $950,000
$190,000 cash
$760,000 financed
$640,119 total interest
Principal54%$760,000
Interest46%$640,119
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Gravenhurst
Other 2–4 bed homes for sale in Gravenhurst around $950K.
Average days on market47Homes sold in about 47 days on average.
Sale-to-list ratio93.7%On average, homes sold below asking.
Active listings235Homes for sale here right now.
Median vs prior 90 days−5.8%Compared with May 13 – Aug 11, 2026: prices down.
Based on 93 sales from Aug 11 – Nov 9, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1002 Chippawa Ave
How much is 1002 Chippawa Ave listed for?
1002 Chippawa Ave is listed at $950,000 (MLS® X13815506). Summitly updates the price as soon as the MLS® record changes.
Is $950,000 a good price for 1002 Chippawa Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Gravenhurst. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1002 Chippawa Ave changed?
No — 1002 Chippawa Ave is still listed at its original asking price of $950,000.
How many bedrooms and bathrooms does 1002 Chippawa Ave have?
1002 Chippawa Ave has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Gravenhurst.
How much would the monthly mortgage be on 1002 Chippawa Ave?
About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1002 Chippawa Ave compare with other homes in Gravenhurst?
Its asking price of $950,000 is about 46% above the median sold price in Gravenhurst over the last 90 days, $650,000, across 93 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1002 Chippawa Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1002 Chippawa Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1002 Chippawa Ave?
1002 Chippawa Ave is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1002 Chippawa Ave been on the market?
48 days — 1002 Chippawa Ave was listed on September 22, 2026.
What is the price per square foot of 1002 Chippawa Ave?
About $633 to $864 per square foot: the asking price of $950,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1002 Chippawa Ave have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 1002 Chippawa Ave have a basement, and is it finished?
The listing says 1002 Chippawa Ave has no basement.
