151 Royal Street, Gravenhurst, ON P1P 1H5
Gravenhurst, ON, P1P 1H5 · Muskoka (S)
About this property
Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities.
Features & Amenities
- Basement: Exposed Rock, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Concrete Block
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Lot Size | 0 Feet |
| Basement | Exposed Rock, Unfinished |
| Garage | None |
| Parking Spaces | 10 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $1,996 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter, Water Heater Owned
Exterior Features
- Exterior Features
- Porch Enclosed, Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Concrete Block
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Exposed Rock, Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 10
- Parking Total
- 10.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.20
- Lot Size Units
- Feet
- Lot Depth
- 137.00
- Lot Width
- 66.00
Community & Neighborhood
- Property Features
- Level, School Bus Route
Financial & Tax
- Tax Annual Amount
- $1,996
- Tax Year
- 2025
- Tax Assessed Value
- $121,000
- Possession Type
- Flexible
- Possession Details
- flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Muskoka
- Cross Street
- Muskoka Road South/Royal
- Directions
- Muskoka Road South To Royal Street
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
151 Royal Street, Gravenhurst, ON P1P 1H5, Gravenhurst, ON, P1P 1H5