211 Bishop St
Muskoka (S), Gravenhurst
$499,900
Buy with Dwelly and Save $4,999
Home Details
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Listing Description
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 6%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering 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!
Stove x3, Fridge x3, Coin Operated Washer and Dryer
City: Gravenhurst
Neighborhood: Muskoka (S)
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Mar 31, 2025 | 50 | $549,900 | N/A | Terminated | X12060068 |
| Sep 12, 2017 | 58 | $298,000 | $275,000 | Sold | X6284502 |
| Sep 12, 2017 | 58 | $298,000 | $275,000 | Sold | X3924457 |
| Oct 26, 2016 | N/A | $245,900 | N/A | Terminated | X6229611 |
| Oct 26, 2016 | 86 | $245,900 | N/A | Expired | X3640325 |
| May 16, 2016 | N/A | $274,800 | N/A | Terminated | X6229066 |
| May 16, 2016 | 163 | $274,800 | N/A | Terminated | X3496532 |
Rooms
Room dimensions for 211 Bishop St, Gravenhurst
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 211 Bishop St is 2690
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $499900 |
| Down Payment | $99980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $399920 |
Monthly Payment
| Mortgage Payment | $2464 |
| Property Taxes | $226 |
| Maintenance Fees | $0 |
| Monthly Payment | $2690 |
About 211 Bishop St, Gravenhurst
Located at 211 Bishop St , this Gravenhurst house is available for sale. This property was listed for $499,900 on Wed May 21 2025. This house's size is 2000-2500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen, Br, 2nd Br, 3rd Br, 4th Br, Kitchen, Living, Kitchen, Living. This property comes with 6 parking spots. 211 Bishop St, Gravenhurst is situated in the Muskoka (S) neighbourhood.
MLS#: X12162196 · $499,900 · 5 bedroom house in Muskoka (S), Gravenhurst