For sale211 Bishop Street, Gravenhurst, ON P1P 1J5
Gravenhurst, ON P1P 1J5
About this property
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!
Property facts & features
- Days on market
- Not reported
- Property type
- Fourplex
- MLS® number
- X13111888
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- P1P 1J5
- Parking spaces
- 6
- Garage
- None
- Lot depth (source units)
- 132
- Annual property tax
- 2750
- Basement
- Half, Unfinished
- Laundry
- Not provided
- Interior features
- Accessory Apartment
- Exterior features
- Porch, Year Round Living
- MLS entry age (not confirmed DOM)
- 174 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $449,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Gravenhurst →Listing brokerage: EXIT REALTY TRUE NORTH. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13111888. Information deemed reliable but not guaranteed.