back of house featuring a lawn Features: lawn, garage

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view of side of property with a shed, a lawn, and view of scattered trees Features: outdoor structure, lawn

aerial view of property and surrounding area with property parcel outlined

bird's eye view of a heavily wooded area Features: water view, residential view, forest view

aerial view of a forest Features: forest view, residential view, water view

view of property location with nearby suburban area and a large body of water Features: residential view, forest view, water view

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For Sale - 211 Bishop Street, Gravenhurst, Ontario

211 Bishop Street

Gravenhurst , Ontario

5 4 $449,900

Est payment $2,160/mo

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Time on Jump 165 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.

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Purchase Price

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Down Payment:
$ 22,495 ( 5% )

First Time Buyer:
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New Build:
Yes No

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

Extras

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

Market Info

Parking 6.00

Listing Brokerage: EXIT REALTY TRUE NORTH

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Listing Brokerage: EXIT REALTY TRUE NORTH

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For Sale - 211 Bishop Street, Gravenhurst, Ontario

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