Salehian.com 647-325-5000

470 Bay Street

Wood (Gravenhurst), Gravenhurst, P1P 1H8

$829,000

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  • 6 bathrooms

Listed 57 days ago · MLS® X13705416

About this home

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.

Details

Type
Investment
Age
51-99 years
Lot
66 × 132 ft
Garage
Single Detached
Property tax
$2,832 (2026)
Neighbourhood
Wood (Gravenhurst)
Municipality
Gravenhurst

Interior

Bathrooms
6 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Age
51-99 years
Building area
2,328 Square Feet

More

Possession
Flexible
Cross street
Sarah Street
Business type
Bed & Breakfast

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 9 cafés and restaurants, 2 parks, 1 pharmacy. Nearest grocery: Your Independent Grocer (650 m). Nearest park: Lions Lookout Park (500 m).

Schools nearby

Elementary

  • Gravenhurst Public School4 min walk
  • Muskoka Beechgrove Public School
    EQAO: Gr 6 reading 89%, math 73%    1.9 km

Secondary

  • Gravenhurst High School
    EQAO: Gr 9 math 54%, literacy test 88%    5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area P1P

Owners / renters
76% / 24%
Median household income
$72,500
Average age
50
Children under 15
11%
Homes
76% detached, 2% high-rise
Commute by transit
0%
Population
11,083

Languages spoken most at home besides English: Spanish 0.1%, Punjabi (Panjabi) 0.1%, Korean 0.1%, Yue (Cantonese) 0.1%.

Safety

Crime Severity Index for Bracebridge (Gravenhurst) (OPP): 57 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Re/Max Professionals North.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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