For Sale: 141 Hotchkiss Street, Gravenhurst, ON - REW
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$1,625,000
0 bd • ba • 5600 sf • Multifamily
141 Hotchkiss Street
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$1,625,000
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141 Hotchkiss StreetGravenhurst, ON, P1P 1H6

  • 0 Bed
  • Bath
  • 5600 Sqft
  • Multifamily

About this home

Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. The commercial space offers approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a brand new 5th two bedroom apartment that will soon be ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. The property has been very well maintained throughout, offering a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow. (id:63626)
Listed by: HUGH NICHOLS, Broker, Re/Max Professionals North

Home facts and features

Price details
List Price
$1,625,000
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Gross Taxes for 2026
$2,980
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
56 ft x 0 ft (5662 ft²)
Depth
Frontage
56.7 feet
Heating Type
Baseboard heaters, Forced air, Natural gas
Features
Irregular lot size
Appliances
Dryer, Range, Two Washers, Water Heater
Agent details
Primary Agent
Primary Broker
Re/Max Professionals North
Listing details
Days on REW
37 Days
MLS® Number
X13087632
Source
Canadian Real Estate Association
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Property Insights

Gravenhurst Public School
  • Public
  • JK - 8
Gravenhurst High School
  • Public
  • 9 - 12
Muskoka Beechgrove Public School
  • Public
  • JK - 8
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Call Agent
Broker
HUGH NICHOLS
Phone:
(705) 687-2243
Cell:
705-394-6655
Office:
705-687-2243
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