Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow.
| MLS # | X13805410 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 16 |
| Listing Provided By | Re/Max Professionals North | X13805410 549105 |
| SQ Feet | 5,600 |
|---|---|
| Acreage | 0.13 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 2979.7 |
|---|---|
| Tax Assessed Value | 184000 |
| Tax Type | Annual |
| Tax Legal Description | PT LT 11 E/S JOHN ST PL 8 GRAVENHURST PT 1 35R13430; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Muskoka |
| City | Gravenhurst |
| Postal Code | P1P 1H6 |
| Area | Muskoka (S) |
| Listing VS Median (in P1P 1H6) | |
Price: $1,595,000 low | high Med: $1,020,500 sqft: 5,600 low | high Med: 3,600 $ / sqft: $285 low | high Med: $282 On site: 16 low | high Med: 81 | |
| Province | ON |
|---|---|
| County | Muskoka |
| City | Gravenhurst |
| Postal Code | P1P 1H6 |
| Area | Muskoka (S) |
| Listing VS Median (in P1P 1H6) | |
Price: $1,595,000 low | high Med: $1,020,500 sqft: 5,600 low | high Med: 3,600 $ / sqft: $285 low | high Med: $282 On site: 16 low | high Med: 81 | |