Ideal Live/Work on this pretty 1.8 acre corner lot filled with mature coniferous and deciduous trees and rock outcroppings. This unique Commercially Zoned C-2A property offers the perfect combination of commercial space with allowing a residential dwelling on the same lot (dwelling allowed because a house exists so can either renovate or tear down and rebuild with a 3 year time line). This corner lot faces Bethune allowing for great commercial signage exposure. Only 2 minutes to HWY 11 for commuting. Present family dwelling is being sold as is where is ... house needs renovating - has 3 bedrooms, open concept kitchen living room with newer Napoleon gas fireplace(6 yrs) for heating the entire house, 4 pc bathroom, additional large room on upper level could be art studio or rec rm or 4th bedroom, sliding doors from living room lead to a back deck and lower patio area surrounded in perennials (a little TLC will bring back to former glory). The lower patio off the living room once housed a hot tub. The large master bedroom has french doors overlooking deck and side yard. There is a working dug well and septic for house. North Shore Dr is an access road for cottages on Gull Lake. Historically the OFSC D-Trail follows a section of this road. Some Commercial permitted uses are bed and breakfast, building supplies outlet, commercial entertainment, commercial parking facility, garden centre, funeral home, body shop, dealership, nursing home, religious institution, restaurant and more (see attachment for Commercial Permitted Uses C-2, C-2A from Town of Gravenhurst Zoning By-law Section 18: 18-1, 18-2, 18-3, 18-4, 18-5). Easy to show. Fast closing available.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,050 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1003 North Shore Dr
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
< 700 sq ftas stated on the listing
Parking
10 spaces
Basement
None, Crawl Space
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
None · Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
1003 North Shore Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14155580$735,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1003 North Shore Dr Compares to the Gravenhurst Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$3,611
/mo
based on the purchase price of $735,000
$147,000 cash
$588,000 financed
$495,250 total interest
Principal54%$588,000
Interest46%$495,250
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.
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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 2–3 bed homes for sale in Gravenhurst around $735K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio93.9%On average, homes sold below asking.
Active listings240Homes for sale here right now.
Median vs prior 90 days−5.8%Compared with May 10 – Aug 8, 2026: prices down.
Based on 89 sales from Aug 8 – Nov 6, 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 1003 North Shore Dr
How much is 1003 North Shore Dr listed for?
1003 North Shore Dr is listed at $735,000 (MLS® X14155580). Summitly updates the price as soon as the MLS® record changes.
Is $735,000 a good price for 1003 North Shore Dr?
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 1003 North Shore Dr changed?
No — 1003 North Shore Dr is still listed at its original asking price of $735,000.
How many bedrooms and bathrooms does 1003 North Shore Dr have?
1003 North Shore Dr has 3 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Gravenhurst.
How much would the monthly mortgage be on 1003 North Shore Dr?
About $3,611 a month — principal and interest on $735,000 with 20% down ($147,000), 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 1003 North Shore Dr compare with other homes in Gravenhurst?
Its asking price of $735,000 is about 13% above the median sold price in Gravenhurst over the last 90 days, $650,000, across 89 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 1003 North Shore Dr been sold before?
Summitly has no earlier MLS® sale or lease of 1003 North Shore Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1003 North Shore Dr?
1003 North Shore Dr is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1003 North Shore Dr been on the market?
3 days — 1003 North Shore Dr was listed on November 3, 2026.
What is the price per square foot of 1003 North Shore Dr?
About $1,050 per square foot: the asking price of $735,000 over the 700 sq ft the listing gives.
Does 1003 North Shore Dr have parking or a garage?
Yes — the listing gives 10 parking spaces.
Does 1003 North Shore Dr have a basement, and is it finished?
The listing describes the basement as: None, Crawl Space.
