211 BISHOP STREET, Gravenhurst (Muskoka (S))
$449,900
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 5 bedrooms, 4 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13111888
- Neighbourhood
- Muskoka (S)
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!
Sold data
Homes in Gravenhurst (Muskoka (S)) — recent sold market
Homes in Gravenhurst (Muskoka (S)) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 62, across 67 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $649,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $649,900
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 10%
Based on 67 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Gravenhurst (Muskoka (S))
Gravenhurst (Muskoka (S)) has 2 Fraser Institute–rated schools (1 elementary and 1 secondary).
- Rated schools
- 2
- Elementary
- 1
- Secondary
- 1
Top-rated schools in Gravenhurst (Muskoka (S))
- Gravenhurst — secondary, GravenhurstFraser rating 6.9/10
- Muskoka Beechgrove — elementary, GravenhurstFraser rating 6.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 211 BISHOP STREET
$444,900
Multiplex532,000–2,500 sqft642-644 BAY STREET, Midland, Midland
$445,000
Townhouse441,400–1,599 sqft14 - 250 PENETANGUISHENE ROAD, Georgian Drive, Barrie
$425,000
Townhouse331,100–1,500 sqft680 WILD ROSE DRIVE, Muskoka (S), Gravenhurst)
$449,000
Townhouse441,200–1,399 sqft7 - 250 PENETANGUISHENE ROAD, Georgian Drive, Barrie
$385,000
Other630–699 sqftLOT 29 CONCESSION 11, Franklin, Lake of Bays
$398,900
Townhouse441,400–1,599 sqft4 - 244 PENETANGUISHENE ROAD, Georgian Drive, Barrie
$499,900
Townhouse4+141,500–2,000 sqft39 MILSON CRESCENT, Angus, Essa
$499,900
Detached5+221,100–1,500 sqft292 MILLARD STREET, Orillia, Orillia