211 Bishop Street

For Sale
4.83 BTC
211 Bishop Street, Gravenhurst
211 Bishop Street
211 Bishop Street
211 Bishop Street
211 Bishop Street
211 Bishop Street
211 Bishop Street
211 Bishop Street
5
BEDROOMS
4
BATHROOMS
4
KITCHENS
16
ROOMS
X13111888
MLSID
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Property Description
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 Features
Rec./Commun.Centre, Library, School, Accessory Apartment, Private Double
Property Details
Property Type
Fourplex
Lot Size
66' x 132'
Acreage
0.2 Feet
Taxes
$2,750 (2025)
Basement
Half, Unfinished
Exterior
Porch, Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
Listing contracted with Exit Realty True North
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