211 Bishop Street, Gravenhurst, ON P1P 1J5
Gravenhurst, ON, P1P 1J5 · Muskoka (S)
About this property
Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by!
Features & Amenities
- Basement: Half, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 1 1/2 Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 1 1/2 Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Lot Size | 0 Feet |
| Basement | Half, Unfinished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $2,750 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment
Exterior Features
- Exterior Features
- Porch, Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- 1 1/2 Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Half, Unfinished
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.20
- Lot Size Units
- Feet
- Lot Depth
- 132.00
- Lot Width
- 66.00
Community & Neighborhood
- Property Features
- Rec./Commun.Centre, Library, School
Financial & Tax
- Tax Annual Amount
- $2,750
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Muskoka
- Cross Street
- First St and Bishop St
- Directions
- Bethune Dr S to Bishop St
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
211 Bishop Street, Gravenhurst, ON P1P 1J5, Gravenhurst, ON, P1P 1J5