ON > Gravenhurst > Muskoka (S)
Gravenhurst, ON P1P 1J6,280 Bishop ST
Gravenhurst, ON P1P 1J6,280 Bishop ST
Gravenhurst, ON P1P 1J6,280 Bishop ST
Gravenhurst, ON P1P 1J6,280 Bishop ST
Gravenhurst, ON P1P 1J6,280 Bishop ST
Gravenhurst, ON P1P 1J6,280 Bishop ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 889,000
Est. payment | /mo

5 Beds

4 Baths

Save Virtual Tour
$ 889,000
Est. payment | /mo
Save Virtual Tour

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Muskoka (S)

MLS Listing ID X12213318

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,062

Tax Year 2024

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Metal

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Foundation Concrete Block

Others

Virtual Tour https://www.winsold.com/tour/408597

Listed by REAL BROKER ONTARIO LTD.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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