261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
261 HOTCHKISS ST, Gravenhurst, ON P1P 1H7
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 559,000
Est. payment | /mo

5 Beds

3 Baths

Save
$ 559,000
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Single Family Home, freehold, residential

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Muskoka (S)

MLS Listing ID X13655162

Style Other

Bedrooms 5

Annual Tax Amount $2,414

Tax Year 2026

Property Sub-Type Detached

Property Description

NEW PRICE!!! 261 Hotchkiss Street, a fantastic opportunity to own a well-maintained triplex in one of Gravenhurst's most convenient locations. Whether you're an investor looking to expand your portfolio, a first-time buyer hoping to offset your mortgage with rental income, or someone searching for a property with future flexibility, this one deserves a closer look. Situated on a quiet, tree-lined street just two blocks from downtown, this RM1-zoned property features three self-contained units. The front unit offers a spacious 2-bedroom unit with an open-concept kitchen, dining and living area, creating a bright and functional space. The second unit includes a second 2-bedroom unit with an additional den, ideal for a home office or extra storage. Completing the property is a bachelor suite with its own private entrance, providing another valuable source of rental income. The large in-town lot offers plenty of outdoor space, while two separate driveways and a detached garage provide ample parking for tenants or future owners. Over $30,000 has been invested in recent improvements, including updated flooring, bathroom renovations, paint, appliances, eavestroughs, and tree removal, allowing the next owner to purchase with confidence. Beyond its current use as a triplex, this property also offers future potential. It could be converted back into a spacious single-family home with an accessory apartment, making it an excellent long-term investment. Enjoy being within walking distance of downtown Gravenhurst's shops, restaurants, schools, YMCA, library, parks, the Opera House, the Muskoka Wharf, Lake Muskoka, and Gull Lake. With its desirable location, strong income potential, recent updates, and flexible layout, 261 Hotchkiss Street is a rare opportunity to own a property that can generate income today while offering endless possibilities for tomorrow.

Location

Province ON

County Muskoka

Area Muskoka

Rooms

Family Room No

Basement Finished

Kitchen 3

Interior

Interior Features None

Cooling Other

Fireplace No

Heat Source Other

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features School,Park,Fenced Yard,Arts Centre

Foundation Concrete Block

New Construction false

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by Re/Max Professionals North

Nearby Locations

Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON L4M 3B4, CAN

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261 HOTCHKISS ST