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    For Sale - 261 HOTCHKISS Street, Gravenhurst, Ontario

    Est payment $2,684/mo
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    Time on Jump  1 days




    New price!!! 261 hotchkiss street, a fantastic opportunity to own a well-maintained triplex in one of gravenhurst's most convenient locations. Whether you're an investor looking to expand your portfolio, a first-time buyer hoping to offset your mortgage with rental income, or someone searching for a property with future flexibility, this one deserves a closer look. Situated on a quiet, tree-lined street just two blocks from downtown, this rm1-zoned property features three self-contained units. The front unit offers a spacious 2-bedroom unit with an open-concept kitchen, dining and living area, creating a bright and functional space. The second unit includes a second 2-bedroom unit with an additional den, ideal for a home office or extra storage. Completing the property is a bachelor suite with its own private entrance, providing another valuable source of rental income. The large in-town lot offers plenty of outdoor space, while two separate driveways and a detached garage provide ample parking for tenants or future owners. Over $30,000 has been invested in recent improvements, including updated flooring, bathroom renovations, paint, appliances, eavestroughs, and tree removal, allowing the next owner to purchase with confidence. Beyond its current use as a triplex, this property also offers future potential. It could be converted back into a spacious single-family home with an accessory apartment, making it an excellent long-term investment. Enjoy being within walking distance of downtown gravenhurst's shops, restaurants, schools, ymca, library, parks, the opera house, the muskoka wharf, lake muskoka, and gull lake. With its desirable location, strong income potential, recent updates, and flexible layout, 261 hotchkiss street is a rare opportunity to own a property that can generate income today while offering endless possibilities for tomorrow.
    Listing IDX13655162
    Address261 HOTCHKISS Street
    CityGravenhurst, Ontario
    Price$559,000
    Bed / Bath5 / 3 Full
    StyleOther, Detached
    ConstructionVinyl Siding
    Land Size0.2
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneAmenities School, Park, Fenced Yard, Arts CentreOwnership FreeholdBasement FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel OtherSewer Sewer

    Parking 6.00
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    Listing Agency:  Re/Max Professionals 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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    261 Hotchkiss Street
    Gravenhurst , Ontario
    5 3 $559,000
    Get more info