Solid 1 1/2 storey "Magnolia" designer-inspired family home in downtown Gravenhurst, with a country farmhouse flair, on a quiet street with minimal traffic and C2 (Commercial) zoning, affording many options for future development. Well cared for, extensively updated, 2 bedroom + an office/loft, 1 bathroom, home with hardwood & laminate floors, stunning stylish eat-in kitchen with vaulted ceilings and large window overlooking back yard, generous living room & charming covered porch. Spacious mudroom with laundry washing machine. Municipal water & sewer, natural gas furnace, central air. Large lot, 66' x 198', with vegetable garden, fully fenced backyard, multiple storage sheds, mature trees, 2 apple trees, blueberry, currant, and black raspberry bushes, perennial rhubarb,& ample level table land. Whether for a young family starting out, or a retiree looking to downsize, with its ease of one-level living (bedroom & bath & laundry all on main floor), it's a wonderful setting. Located within walking distance of shopping & dining, with very easy access to Hwy. 11 for commuters, at the southern end of town, this is a most appealing offering for a wide array of prospects.