$449,900
Est. payment $1,992/moCalculate yours
211 Bishop Street, Gravenhurst, ON P1P 1J5
Muskoka (S), Gravenhurst, ON P1P 1J5
- 5 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of EXIT REALTY TRUE NORTH MLS® X13111888
About this home
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!
Property details
Overview
- Property Type
- Fourplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Half, Unfinished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 132 Feet
- Parking
- None garage · 6 total
- Zoning
- RM-1
Financial
- Property Taxes
- $2,750 (2025)
Location
- Neighbourhood
- Muskoka (S)
- Cross Street
- First St and Bishop St
- Direction Faces
- South
Listing
- MLS® Number
- X13111888
- Days on Market
- 160
- Listed On
- 2026-05-11
- Possession
- Flexible
- Listed By
- EXIT REALTY TRUE NORTH
Rooms
Features
Interior
- Accessory Apartment
Property
- Rec./Commun.Centre
- Library
- School
Pool
- None
- Included
- Stove x3, Fridge x3, Coin Operated Washer and Dryer
- Excluded
- All Tenants Personal Belongings
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $229
- Condo fees
- $0
- Estimated monthly cost
- $2,221
Your mortgage
- Mortgage amount
- $359,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,698
Cash to close
- Down payment
- $89,980
- Land transfer tax
- $5,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.