151 Royal Street,Gravenhurst, ON P1P 1H5
Gravenhurst, ON P1P 1H5
Description
Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities.
Details
| MLS # | X13665672 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 90 |
| Listing Provided By | Chestnut Park Real Estate | X13665672 557200 |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.21 |
| Water Front | None |
| Property View | Downtown |
Interior
| Interior Features | Separate Hydro Meter, Water Heater Owned |
|---|---|
| Lease To Own Equipment | None |
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch Enclosed, Year Round Living |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Stone |
| Topography | Level |
| View | Downtown |
| Construction Materials | Concrete Block |
| Security Features | Other |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 1996.41 |
|---|---|
| Tax Assessed Value | 121000 |
| Tax Legal Description | LOT 6 PLAN 2 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Muskoka |
| City | Gravenhurst |
| Postal Code | P1P 1H5 |
| Area | Muskoka (S) |
| Listing VS Median (in P1P 1H5) | |
Price: $395,000 low | high Med: $449,000 On site: 90 low | high Med: 90 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Muskoka |
| City | Gravenhurst |
| Postal Code | P1P 1H5 |
| Area | Muskoka (S) |
| Listing VS Median (in P1P 1H5) | |
Price: $395,000 low | high Med: $449,000 On site: 90 low | high Med: 90 | |
