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 | X12355827 |
| Property Type | Multi-family |
| Community Name | Muskoka (S) |
| Amenities Near By | Park, Place Of Worship, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater - Electric, Water Heater |
| Features | Level |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater - Electric, Water Heater |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Water Meter, Range, Refrigerator |
| Basement Development | Finished |
| Basement Type | Partial (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 132 Ft |
| Size Total Text | 66 X 132 Ft|under 1/2 Acre |
| Zoning Description | Rm1 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28758008/261-hotchkiss-street-gravenhurst-muskoka-s-muskoka-s
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 20 2025 10:26:16
The Lakelands Association of REALTORS®
RE/MAX Professionals North