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    For Sale - 211 Bishop Street, Gravenhurst, Ontario

    Est payment $2,160/mo
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    Views   4
    Time on Jump  103 day

    AI Summary *

    • Prime corner lot location just steps from downtown Gravenhurst.
    • Fully tenanted 4-plex with strong income potential and nearly 7% cap rate.
    • Variety of unit configurations including spacious 2-bedroom and 3 one-bedroom units.
    • Onsite coin-operated laundry provides extra income and convenience.
    • Future development potential with ability to sever into two lots.




    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!
    Listing IDX13111888
    Address211 Bishop Street
    CityGravenhurst, Ontario
    Price$449,900
    Bed / Bath5 / 4 Full
    Style1 1/2 Storey, Fourplex
    ConstructionVinyl Siding
    Land Size0.2
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Accessory ApartmentOutdoor Features Porch, Year Round LivingAmenities Rec./Commun.Centre, Library, SchoolOwnership FreeholdBasement Half, UnfinishedFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Agency:  EXIT REALTY TRUE NORTH

    * 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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    211 Bishop Street
    Gravenhurst , Ontario
    5 4 $449,900
    Get more info