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    For Sale - 151 Royal Street, Gravenhurst, Ontario

    Est payment $1,897/mo
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    Views   2
    Time on Jump  52 day

    AI Summary *

    • Great investment property located in downtown Gravenhurst with dual uses.
    • Main floor occupied by a stable hair salon tenant for over 20 years.
    • Upper level features a self-contained two-bedroom apartment for added income.
    • Ample parking available in the large backyard for both tenants.
    • Recent property updates include a newer furnace and roofing improvements.




    Excellent investment opportunity in the heart of downtown gravenhurst. This detached two-storey property offers approximately 1,440 sq. Ft. Of finished space, with approximately 720 sq. Ft. On each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit. Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of gravenhurst's downtown amenities.
    Listing IDX13665672
    Address151 Royal Street
    CityGravenhurst, Ontario
    Price$395,000
    Bed / Bath2 / 2 Full
    Style2-Storey, Detached
    ConstructionConcrete Block
    Land Size0.2
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Separate Hydro Meter, Water Heater OwnedOutdoor Features Porch Enclosed, Year Round LivingAmenities Level, School Bus RouteOwnership FreeholdViews DowntownWaterfront NoneBasement Exposed Rock, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: Chestnut Park Real Estate

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    151 Royal Street
    Gravenhurst , Ontario
    2 2 $395,000
    Get more info