Unknown for 211 Bishop St, Gravenhurst Ontario P1P 1J5
4 days on Market

211 Bishop St, Gravenhurst, Ontario P1P 1J5

Townhouse
5
4
~2000-2500 sqft
$549,900
Get pre-qualifiedPowered by Neo Mortgage
Townhouse
5
4
~2000-2500 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$247/sqft

Est. Mortgage$2,362/mo

Tax Amount (2024)$2,710/yr

Days On Market4 days


Description

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 5.5%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering 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!


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size8,712 Ac(132 x 66)
Parking Spaces6
MLS ®NumberX12060068
Community NameGravenhurst
Data SourceTRREB
Listing byEXIT REALTY TRUE NORTH

Features

Heating: Baseboard
Basement: Half, Unfinished

Ground Floor

Kitchen

3.1 x 2.9


Features

Lot size: 8,712 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Mar 31, 2025
ListedActive
$549,900
4 days on market
history photo preview1
Listing by trreb®
Property listed by EXIT REALTY TRUE NORTH, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 12932
Average household income $114,896

Age (%)

65 and plus
30%
50 to 64
25%
35 to 49
16%
0 to 19
15%
20 to 34
15%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
95%
Others
4%

House tenancy (%)

Owners
79%
Renters
21%

Schools and amenities

Estimated Budget