151 Royal Street, Gravenhurst (Muskoka (S)), Ontario P1P1H5

Listing courtesy of Chestnut Park Real Estate.

$395,000
2
BD
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$395,000
MLS®
X13665672
Days on Market
11
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
2
Bathrooms
2
Lot Size Dimensions
66 x 137 FT
Subdivision
Muskoka (S)

Property Description

Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Muskoka (S)
Parking Spaces
10
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Community Features
School Bus
Heating
Forced air, Natural gas
Lot Features
Level lot, Level
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks