211 BISHOP STREET, Gravenhurst (Muskoka (S))

$449,900

For sale: Multiplex

Multiplex at 211 BISHOP STREET, Gravenhurst (Muskoka (S))
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 Muskoka S — recent sold market

Homes in Muskoka S took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 79, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 85 days.

The median sale price was $745,000.

Homes sold for about 4.9% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$745,000
Sale-to-list ratio
95.1%
Sold above asking
8%

Based on 39 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