211 Bishop Street

Gravenhurst), ONMulti-family
$449,900
MLS® X13111888
Multi-family5 beds4 baths6 total
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About This Property

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 almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers 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! (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
4
Size
2,000 sqft
Lot
66 x 132 FT
Parking
6 total

Highlights

  • Washer
  • Refrigerator
  • Water meter
  • Stove
  • Dryer
Property Details 17 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
4 bathrooms
Parking
6 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Storeys
1.50
Basement
Unfinished, Partial
Heating
Baseboard heaters, Electric
Fireplace
No
Lot dimensions
66 x 132 FT
Frontage
66 feet
Taxes
$2,750.00
Zoning
RM-1
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorWater meterStoveDryer

Exterior features

Vinyl sidingPoured Concrete

Systems and association

SewerElectricityCable

Lot and water

DryLevel
Rooms 9 rooms
Level
Room
Dimensions
Ground level
Kitchen
3.1 m x 2.9 m
Second level
Bedroom
2.73 m x 2.845 m
Second level
Bedroom 2
3.226 m x 2.819 m
Main level
Bedroom 3
2.74 m x 2.51 m
Second level
Bedroom 4
5.334 m x 2.62 m
Main level
Kitchen
1.89 m x 2.87 m
Main level
Living room
4.35 m x 3.47 m
Main level
Kitchen
1.49 m x 2.87 m
Main level
Living room
2.36 m x 3.22 m
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$449,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Muskoka (S
City
Gravenhurst)
Postal code
P1P 1J5
Nearby
Cross Streets: First St and Bishop St. ** Directions: Bethune Dr S to Bishop St.
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