ON > Gravenhurst > Muskoka (S)
Gravenhurst, ON P1P 1J5,211 Bishop ST
$549,900
Est. payment /mo
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5 Beds
4 Baths
New

211 Bishop ST Gravenhurst, ON P1P 1J5

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Muskoka (S)

MLS Listing ID X12060068

Style 1 1/2 Storey

Bedrooms 5

Annual Tax Amount $2,710

Tax Year 2024

Property Sub-Type Fourplex

Lot Depth 132.0

Lot Front 66.0

Property Description

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 5.5%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering 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!

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Rooms

Family Room No

Basement Half, Unfinished

Kitchen 4

Interior

Interior Features Accessory Apartment

Cooling None

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Porch, Year Round Living

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Topography Dry,Level

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Unit Features Rec./Commun.Centre,Library,School

Foundation Poured Concrete

Listed by EXIT REALTY TRUE NORTH

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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