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Investment signal

$1,600,000

1832 KILWORTHY ROAD

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Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Gravenhurst (Morrison). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

YEAR-ROUND HOME, COTTAGE, OR INVESTMENT PROPERTY ON BEAUTIFUL SPARROW LAKE! This spacious, thoughtfully designed ROYAL HOME offers true FOUR-SEASON LIVING on one of the most desirable lakes in the region. Whether you are seeking a year-round residence, family cottage, or investment property, this one checks all the boxes. Offering nearly 3,200 sq ft of finished space, this 5-bedroom + den, 2-bath home boasts VAULTED CEILINGS, an open-concept design, and STUNNING LAKE VIEWS from all primary rooms and 3 bedrooms. A large WRAPAROUND DECK with two walk-outs (from the living and dining areas) invites you to enjoy outdoor living and panoramic vistas across Sparrow Lake. Designed for COMFORTABLE YEAR-ROUND USE, this home features: high-efficiency propane furnace, well water system with ample capacity, durable steel roof for low-maintenance peace of mind, quality construction with excellent insulation, gentle slopes down both sides of the dwelling for easy access from roadside to lakeside. The bungalow layout allows easy entry from the road with no stairs. The lower level, predominantly above grade, offers plenty of natural light, a direct walkout to the dock and water edge, and versatile spaces for family gatherings, recreation, or additional storage. The laundry room features abundant cabinetry, double tubs, folding counter, and room for an upright freezer. The custom fishing storage unit in the family room is a fisherman's dream, with rod holders and ample tackle storage. Outside, you'll find: double car garage with extra storage space, landscaped gardens and manicured lawns, level lakeside lawn - perfect for family fun, firepit area for evenings under the stars, easy access via paved, maintained road with year-round garbage pickup. This is a TURN-KEY PROPERTY, offered with most furnishings and contents included - just move in and enjoy! A rare combination of year-round comfort, natural beauty, and prime location on Sparrow Lake - a true gem awaiting its next owner. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Morrison
Common interest
Freehold
Lot dimensions
100 x 217 FT
Bedrooms
3 above grade, 2 below grade
Parking
6 total
Stories
1
Fireplace
2
On market
Mar 20, 2026
Status changed
Apr 24, 2026
Annual tax
$7,178.51
Zoning
RW-6
Photos
41
MLS#
X12902300
Area
GRAVENHURST_(MORRISON)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedWalk outN/AN/A

Appliances

Water Heater

Heating

Forced airPropane

Cooling

Central air conditioningAir exchanger

Exterior

Vinyl siding

Foundation

Poured Concrete

Lot

LevelSump Pump

View

Lake viewDirect Water View

Waterfront

Waterfront on lake

Utilities

ElectricityWireless

Security

Smoke Detectors
Negative cash flow ~$1,699/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,788

Financing

Down payment$320,000
Loan amount$1,280,000
Mortgage$6,486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$667
Vacancy loss$400

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,486/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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