For Sale

211 Bishop Street

$449,900
Gravenhurst, Ontario P1P 1J5 · MLS® X13111888 · Updated 2h ago
211 Bishop Street, Gravenhurst, ON P1P 1J5
1 / 8 photos
5
Bedrooms
4
Bathrooms
Sq Ft
6
Parking

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 Information

Type
Residential Freehold
Style
Fourplex
Architectural Style
1 1/2 Storey
Lot Size
66 × 132 ft
Direction Faces
South
Bedrooms
5
Kitchens
4
Parking
6 total · None
Cross Street
First St and Bishop St
Postal Code
P1P 1J5
Occupancy
Tenant
Possession
Flexible
MLS#
X13111888
Listing Office
EXIT REALTY TRUE NORTH

Building Details

Construction
Vinyl Siding
Roof
Asphalt Shingle
Heating
Baseboard · Electric
Cooling
None
Basement
Half, Unfinished
Fireplace
No
Laundry
Main Level
Pool
None

Features & Amenities

Interior
Accessory Apartment
Exterior
PorchYear Round Living
Property
Rec./Commun.CentreLibrarySchool

Financials & Fees

Annual Property Tax
$2,750 (2025)

Inclusions & Exclusions

Inclusions

Stove x3, Fridge x3, Coin Operated Washer and Dryer

Exclusions

All Tenants Personal Belongings

Location

Listing courtesy of:EXIT REALTY TRUE NORTH

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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