For Sale

635 First Street, Gravenhurst, Ontario P1P 1K1

$659,900

635 First Street, Gravenhurst, Ontario P1P 1K1 is For Sale and has a listing price of 659,900. The property is located in the Gravenhurst . It's been on the website for 59 Days.

  • Duplex
    Property Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12180581
  • Office Name RE/MAX HALLMARK CHAY REALTY
Property Description

Discover this fully legal, income-generating duplex located in the heart of Gravenhurst, an ideal opportunity for investors or first-time buyers looking to offset their mortgage. Just minutes from downtown, Gull Lake, and Lake Muskoka, this well-maintained property offers two self-contained units, each with separate hydro and gas meters, private driveways with two-car parking, individual fenced backyards, and separate laundry facilities for added convenience. In 2025, significant updates were completed, including a full renovation of Unit A and new vinyl siding across the entire exterior. Unit A features a modern kitchen with stainless steel appliances, new drywall, updated flooring and windows, a renovated 4-piece bathroom, three spacious bedrooms, an eat-in kitchen, a generous living area, and a detached garage vacant and ready for immediate occupancy. Unit B includes two bedrooms, a 4-piece bathroom, a full kitchen, a comfortable living room, and access to an unfinished basement offering ample storage. This turnkey duplex offers a rare combination of functionality, privacy, recent upgrades, and strong income potential in one of Muskoka’s most desirable communities.

Property Details
  • Bedrooms: 5
  • MLS ID: X12180581
  • Bathrooms: 2
  • Price: $659,900
  • Lot Depth: 66
  • Transaction Types: For Sale
  • Ref ID: X12180581
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Muskoka Rd/Veterans Way
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
05/29/2025 X12180581 $659,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Gravenhurst
  • $851,499 Average List Price
    based on 1 year
  • 22 New Listings
    based on 30 days
  • 74 Median Days on Market
    based on 1 year
  • List vs. Selling Price 169.02 % Up
  • Sold (12mo) 67
  • Rented (12mo) 30

  • 1 Month Change -86.8%
  • 3 Month Change -91.2%
  • 6 Month Change -89.4%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 59 Bike Score
    Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Vinyl Siding, Aluminum Siding
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $1,936
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 29/05/2025 10:12:31
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