37
  • X12355827
  • MLS® Number
  • Property Type
  • Triplex, Residential
  • Acres
  • Land Area
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • Sqft
  • Area Size

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7

  • $579,000

Description

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.

Details

MLS® Number X12355827
5 Bedrooms
3 Bathrooms
Updated on August 22, 2025 at 4:22 pm

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: Wall Unit(s)
  • County: Muskoka
  • Property Type: Residential
  • Pool: None
  • Parking: Private Double
  • Architectural Style: 2-Storey

Address

  • Address: 261 HOTCHKISS Street
  • City: Gravenhurst
  • State/county: ON
  • Zip/Postal Code: P1P 1H7
  • Country: CA

Contact Information

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