$449,900
211 Bishop St
Gravenhurst, ON P1P 1J5
211 Bishop St, Gravenhurst — Listed at $449,900. 5 bedroom, 4 bathroom 1 1/2 Storey Fourplex. MLS® X13111888.
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Description
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
Property Insights
Listing Courtesy of: EXIT REALTY TRUE NORTH
MLS® #X13111888
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HouseIndex Take: 211 Bishop Street
This fourplex (1 1/2 Storey) is located in the Muskoka (S) neighbourhood of Gravenhurst.
The home offers 5 bedrooms, 4 bathrooms.
Features include a half, unfinished basement, 6 parking spaces.
Additional details: lot dimensions of 66 × 132 feet.
Listed at $449,900 CAD with annual property taxes of $2,750 (2025).
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