Price: $829,000
6
2328 sqft

470 BAY STREET

Gravenhurst

Description

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. (id:59846)
Jeff Knapp, Muskoka Real Estate Representative

Jeff Knapp

(705) 687-2243

Listing Details

Overview
Price$829,000
Business NameBlue Spruce Bed & Breakfast
Listing TypeFor Sale
Property TypeBusiness
Business TypeAccommodation – Bed & Breakfast
Bathrooms6
Interior Size2,328 sq ft
Building & Interior
Building Age51 to 99 years
FireplaceNo
Appliances IncludedDishwasher, Dryer, Microwave, Range, Washer
Systems & Utilities
HeatingForced air (natural gas)
CoolingFully air conditioned
WaterMunicipal water
EquipmentWater Heater
Rental EquipmentWater Heater
Lot & Exterior
Lot Size0.2 acres
Frontage66 ft
Parking Spaces7
ZoningC-4
Location
Address470 Bay Street
City / TownGravenhurst
CommunityWood (Gravenhurst)
ProvinceOntario
Postal CodeP1P 1H8
DirectionsCross Streets: Sarah Street.
Directions: In Gravenhurst to Bay St. to 470.
Listing
Listing AgentsHugh Nichols
Jeff Knapp
BrokerageRe/Max Professionals North
Listed OnAugust 21, 2026
MLS® NumberX13705416
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