261 Hotchkiss Street Gravenhurst, Ontario P1P 1H7
$579,000
TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living. (id:53086)
Property Details
| MLS® Number | X12355185 |
| Property Type | Business |
| Community Name | Muskoka (S) |
| Amenities Near By | Recreation |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Range |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,628 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Irregular | 0.2 |
| Size Total | 0.2 Ac |
| Size Total Text | 0.2 Ac |
| Zoning Description | Rm1 |
https://www.realtor.ca/real-estate/28756559/261-hotchkiss-street-gravenhurst-muskoka-s-muskoka-s
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August 21 2025 12:02:48
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