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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.
Refrigerator x2, Stove x2, Washer x2, Dryer x2, All Electrical Light Fixtures, Hot Water Tank (Owned) x2
City: Gravenhurst
Neighborhood: Muskoka (S)
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 18, 2021 | 29 | $389,000 | $375,000 | Sold | X5119528 |
Purchase Price | $699900 |
Down Payment | $139980 |
Mortgage Insurance | $0 |
Total Mortgage | $559920 |
Mortgage Payment | $3450 |
Property Taxes | $161 |
Maintenance Fees | $0 |
Monthly Payment | $3612 |
Located at 635 First St S , this Gravenhurst house is available for sale. This property was listed for $699,900 on Thu May 29 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: Breakfast, Kitchen, Laundry, Living, Br, 2nd Br, 3rd Br, Bathroom, Living, Kitchen, Br, 2nd Br, Bathroom. This property comes with 5 parking spots. 635 First St S, Gravenhurst is situated in the Muskoka (S) neighbourhood.
MLS#: X12180581 · $699,900 · 5 bedroom house in Muskoka (S), Gravenhurst