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261 HOTCHKISS STREET, Gravenhurst (Muskoka (S))
2026-05-25
Quick Summary
- Location
- 261 HOTCHKISS STREET, Gravenhurst (Muskoka (S)), Ontario P1P1H7
- Price
- $589,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 1628 sqft
- Bedrooms:
- 5
- Bathrooms:
- 3
- Garages:
- 4
MLS®#X13169332
Property Description
TRIPLEX income property in central Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the downtown main street. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Steps from Parks, Lake Muskoka, Gull Lake, Beaches, Steamship Wharf, Downtown, Opera House, Library, Schools, YMCA and all the best of Muskoka Living. Net Operating Income $38,689 with a CAP Rate of 6.8% at list price. Over $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting, eavestroughs and tree removal. Buy as an investment property or move into one unit with income from the other two units or convert back to a family home with an accessory unit. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Recreation
Building
- Appliances: Range
- Cooling Type: Partially air conditioned
- Fireplace: No
- Interior Size: 1628 sqft
- Utility Water: Municipal water
Land
- Land Size: 0.2 ac
Zoning
- Description: RM1
Information entered by Re/Max Professionals North
Listing information last updated on: 2026-05-28 19:55:56
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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