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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$889,000
Available - For Sale
Listing ID: X12213318
Discover an exceptional investment opportunity with this fully renovated turnkey fourplex, ideally located in the heart of Gravenhurst. Extensively renovated in June 2021, this property offers three 1-bedroom units and one 2-bedroom unit, each thoughtfully modernized with in-suite laundry, full appliance packages, and separate utility meters. Tenants pay their own hydro, water, and gas (Unit 1 features electric heat), ensuring minimal owner expenses. All major systemsincluding furnace, A/C, and hot water tanks were replaced in 2021. Additional highlights include spray foam insulation, insulated siding, windows and doors, metal roof, and a paved parking lot, were also replaced/added in 2021. There is a full unfinished basement with a solid block foundation for extra storage. Situated just minutes from The Wharf, Lake Muskoka, and downtown Gravenhurst, this property is surrounded by popular attractions like boutique shopping, waterfront dining, the historic steamships, farmers' market, scenic trails, marinas, and cultural landmarks such as the Gravenhurst Opera House. Proximity to schools, parks, and Highway 11 further enhances tenant appeal, making this a high-demand rental location and a smart, stable investment just 1.5 hours from the GTA. With all capital improvements completed, strong rental demand, and minimal ongoing maintenance, 280 Bishop Street represents a truly hands-off assetmaking it a smart and secure addition to any investors portfolio.
Price $889,000
Taxes: $6,062.76
Assessment Year: 2024
Occupancy by: Tenant
Address: 280 Bishop Stre , Gravenhurst, P1P 1J6, Muskoka
Directions/Cross Streets: Bethune Dr S & Bishop St
Rooms: 8
Bedrooms: 5
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Fourplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 2500-3000
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: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
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280 Bishop Stre , Gravenhurst, P1P 1J6, Muskoka

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style: 2-Storey
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $6,062.76
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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