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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.
3 Refrigerators, 3 ranges
City: Gravenhurst
Neighborhood: Muskoka (S)

| Purchase Price | $579000 | 
| Down Payment | $115800 | 
| Mortgage Insurance | $0 | 
| Total Mortgage | $463200 | 
| Mortgage Payment | $2854 | 
| Property Taxes | $195 | 
| Maintenance Fees | $0 | 
| Monthly Payment | $3049 | 
Located at 261 Hotchkiss St , this Gravenhurst house is available for sale. This property was listed for $579,000 on Thu Aug 21 2025. This house's size is 1100-1500 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 261 Hotchkiss St, Gravenhurst is situated in the Muskoka (S) neighbourhood.
MLS#: X12355827 · $579,000 · 5 bedroom house in Muskoka (S), Gravenhurst