A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 211 Bishop St, Gravenhurst Ontario P1P 1J5
Re-listed 33 days ago

211 Bishop St, Gravenhurst, Ontario P1P 1J5

Townhouse
5
4
~2000-2500 sqft
$•••,•••
$499,900
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Townhouse
5
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$224/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$2,710/yr

Days On Market33 days

Total Days On Market85 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 6%. 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 SqFt(132 x 66)
Parking Spaces6
MLS ®NumberX12162196
Community NameGravenhurst
Data SourceTRREB
Listing byEXIT REALTY TRUE NORTH

Features

Heating: Baseboard
Basement: Half, Unfinished

Main Floor

Living

2.36 x 3.22

3rd Br

2.74 x 2.51

Kitchen

1.89 x 2.87

Living

4.35 x 3.47


Features

Lot size: 8,712 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
33 days on market
history photo preview6
Listing by trreb®
Property listed by EXIT REALTY TRUE NORTH, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

59 days

Compared to

2024

0 day

2023

0 day

2022

10 days

New Listings

Past 30 days

12 listings

Compared to

2024

4 listings

2023

2 listings

2022

5 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$750,000

Compared to

2022

$897,500


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget