Gravenhurst, ON P1P 1H7,261 HOTCHKISS ST
Gravenhurst, ON P1P 1H7,261 HOTCHKISS ST
Gravenhurst, ON P1P 1H7,261 HOTCHKISS ST
26
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$579,000
Est. payment /mo
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5 Beds
3 Baths
1,628 SqFt
New

261 HOTCHKISS ST Gravenhurst, ON P1P 1H7

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,628 sqft

Price per Sqft $355

Subdivision Muskoka (S)

MLS Listing ID X12355185

Bedrooms 5

Building Age 51-99

Annual Tax Amount $2,340

Tax Year 2025

Property Sub-Type Investment

Lot Depth 132.0

Lot Front 66.0

Property 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.

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Rooms

Kitchen 0

Interior

Cooling Partial

Exterior

Community Features Recreation/Community Centre

Utilities Available Unknown

Lot Frontage 66.0

Lot Depth 132.0

Building

New Construction false

Others

Security Features No


Listed by Re/Max Professionals North

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agent

Mitra Nobakht-Eivaly

Real Estate Sales Representatives

+1(416) 832-9292

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261 HOTCHKISS ST