Space
Finished area and layout
- Building Area
- 5,600 sqft
- Bedrooms
- 10
- Bathrooms
- 6





Property Snapshot
MLS #X13805410
Finished area and layout
Type, style and structure
This 10-bedroom, 6-bathroom investment in Gravenhurst offers 5,600 sqft of building area on a 0.13 lot. 2 storeys. The property has zoned C-1A. The home features no.
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow. (id:60351)
In Gravenhurst, take Muskoka Rd. S. to west on Hotchkiss St. to 141 on south.
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Land, frontage and setting
Price, taxes and monthly charges
Listed by HUGH NICHOLS, Re/Max Professionals North
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Listed by HUGH NICHOLS, Re/Max Professionals North · MLS# X13805410
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