Home with vinyl exterior material, street for 635 First St, Gravenhurst Ontario P1P 1K1
1 day on Market

635 First St, Gravenhurst, Ontario P1P 1K1

Townhouse
5
2
~1500-2000 sqft
$699,900
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Townhouse
5
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$408/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$1,936/yr

Days On Market1 day


Description

Discover this fully legal, income-generating duplex located in the heart of Gravenhurst, an ideal opportunity for investors or first-time buyers looking to offset their mortgage. Just minutes from downtown, Gull Lake, and Lake Muskoka, this well-maintained property offers two self-contained units, each with separate hydro and gas meters, private driveways with two-car parking, individual fenced backyards, and separate laundry facilities for added convenience. In 2025, significant updates were completed, including a full renovation of Unit A and new vinyl siding across the entire exterior. Unit A features a modern kitchen with stainless steel appliances, new drywall, updated flooring and windows, a renovated 4-piece bathroom, three spacious bedrooms, an eat-in kitchen, a generous living area, and a detached garage vacant and ready for immediate occupancy. Unit B includes two bedrooms, a 4-piece bathroom, a full kitchen, a comfortable living room, and access to an unfinished basement offering ample storage. This turnkey duplex offers a rare combination of functionality, privacy, recent upgrades, and strong income potential in one of Muskoka's most desirable communities.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,356 SqFt(66 x 66)
Parking Spaces5
MLS ®NumberX12180581
Community NameGravenhurst
Data SourceTRREB
Listing byRE/MAX HALLMARK CHAY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Breakfast

6.3 x 2.3

Kitchen

4.8 x 2.4

Laundry

2.8 x 2.0

Living

4.5 x 2.4


Features

Lot size: 4,356 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property listed by RE/MAX HALLMARK CHAY REALTY, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

22 days

2023

92 days

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

5 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

3 units

2022

0 unit

Median Sold Price

Past 30 days

$608,000

Compared to

2024

$750,000

2023

$590,000


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