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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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470 Bay Street Gravenhurst
For SaleGravenhurst

470 Bay Street Gravenhurst, Investment for Sale

MLS® X13705416

Gravenhurst, ON

78 days on market
$829,000
Show on Map
Show on Map
N/ABeds
6Baths
2,328Sqft
N/AParking
Investment

Overview· 470 Bay Street Gravenhurst

MLS® #X13705416

Muskoka Bed and Breakfast Opportunity!! Acquire the well-established Blue Spruce Muskoka B & B in the gateway to Muskoka that has welcomed guests for 9 years, offering warm, comfortable accommodations in a charming century home, ideally situated in Gravenhurst within walking distance of Muskoka Wharf, where the iconic Lake Muskoka steamships depart and historic downtown, home to the Opera House and Bethune Memorial Site. With seven bedrooms and six bathrooms, the property offers an attractive combination of lifestyle and return on investment with excellent upside potential. Upstairs each of the 4 guest rooms feature bathrooms and refrigerators in suite. Two bedrooms on the main level are currently used by the owners and could be converted to income-producing guest accommodations. The approximately 2,300-square-foot residence retains the character of its historic origins while providing generous common spaces. The classic dining room flows naturally into the living room, where abundant windows bring in natural light and fireplace creates a welcoming space. Additional common areas include an enclosed front porch, lower-level family room, and rear den with direct access to deck, patio, sunroom, garage & shed along with a beautifully landscaped yard featuring multiple seating areas and a fire pit. Guests can easily walk to parks, beaches, waterfront boardwalk, cruise departures, restaurants, shops and downtown attractions, while the broader Muskoka region offers year-round recreation including boating, swimming, fishing, hiking, golfing, skiing and snowmobiling. The Blue Spruce presents a rare opportunity to acquire an established profitable hospitality business and distinctive Muskoka property in one of Ontario's most sought-after recreational destinations. Whether operated as an established bed and breakfast, expanded to maximize its accommodation potential, or adapted to suit a new owner's vision, this property offers both character and commercial income opportunity.

Inclusions

Refrigerator, range, over range microwave, dishwasher, washer, dryer, 4 guest room refrigerators, all furnishings and decor as viewed

Exclusions

List to be provided

Broker

Re/Max Professionals North

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Walk Score®78Very WalkableVery Walkable
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®66BikeableBikeable
Schools635 schools within 1.5 km5 schools within 1.5 km
Parks1009 parks within 1 km9 parks within 1 km
Convenience10012 groceries, cafes and pharmacies within 1 km12 groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 470 Bay Street Gravenhurst

Source: MLS® listing data
470 Bay Street Gravenhurst

Investment

470 Bay Street Gravenhurst

Gravenhurst

Built

51-99

Type

Investment

Parking

Single Detached

Property Tax

~$2,832/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

2328 sqft

Parking

Single Detached

Finances

List Price

$829,000

Price per SQFT

$356/sqft

Property Tax

~$2,832/yr

Property Specs

Property Type

Investment

MLS Size

2328 sqft

Age of Building

51-99

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Gravenhurst

Listed On

Aug 21, 2026

Price & Listing History

Days on Market

Current: 78 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$3,334/mo
Property Tax$236/mo
Total Monthly$3,570

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0