For Sale

261 HOTCHKISS Street, Gravenhurst, Ontario P1P 1H7

$579,000

261 HOTCHKISS Street, Gravenhurst, Ontario P1P 1H7 is For Sale and has a listing price of 579,000. The property is located in the Gravenhurst neighbourhood . It's been on the website for 25 Days.

  • Investment
    Property Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: X12355185
  • Office Name Re/Max Professionals North
Property Description

TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12355185
  • Price: $579,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132
  • Ref ID: X12355185
  • Dir / Cross St: In Gravenhurst Muskoka Rd. S. to Hotchkiss St. go west 2 blocks to 261 on the southside.
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
08/20/2025 X12355185 $579,000 For Sale - -
08/20/2025 X12355827 $579,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Gravenhurst
  • $893,404 Average List Price
    based on 1 year
  • 137 New Listings
    based on 30 days
  • 123 Median Days on Market
    based on 1 year
  • List vs. Selling Price 161.65 % Up
  • Sold (12mo) 204
  • Rented (12mo) 34

  • 1 Month Change -88.6%
  • 3 Month Change -79.9%
  • 6 Month Change -84.5%
Walkscore
  • 89 Walk Score
    Very Walkable
  • 67 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    66.47%
  • Commercial
    22.82%
  • Condo
    8.55%
  • Land for Sale
    2.16%
Additional Details
  • Heat Type Y
  • Washroom Type1: 3
  • Garage Type Y
  • Parking Spaces: 4
  • Kitchen Y
  • Taxes: $2,340
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/08/2025 17:45:38
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