• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$549,900
Available - For Sale
Listing ID: X12060068
211 Bishop Stre , Gravenhurst, P1P 1J5, Muskoka
Listing image


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!
Price $549,900
Taxes: $2710.00
Assessment Year: 2024
Occupancy by: Tenant
Address: 211 Bishop Stre , Gravenhurst, P1P 1J5, Muskoka
Directions/Cross Streets: First St and Bishop St
Rooms: 16
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Half, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Kitchen 10.17 9.51
Room 2 Second Bedroom 8.95 9.35
Room 3 Second Bedroom 2 10.59 9.25
Room 4 Main Bedroom 3 8.99 8.23
Room 5 Second Bedroom 4 17.48 8.59
Room 6 Main Kitchen 6.2 9.41
Room 7 Main Living Ro 14.27 11.38
Room 8 Main Kitchen 4.89 9.41
Room 9 Main Living Ro 7.74 10.56
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Fourplex
Style: 1 1/2 Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
Property Features: Rec./Commun., Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
$ /Year
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Freehold - Fourplex
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style: 1 1/2 Storey
Lot Size: x 132.00(Acres)
Approximate Age:
Tax: $2,710
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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