$ 395,000
-
$395,000
Price -
2
Bed -
2
Bath -
1,100
SqFt
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About the Listing 557200 -
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.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Exposed Rock,Unfinished
- Other: Separate Hydro Meter,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Porch Enclosed,Year Round Living,Level,School Bus Route
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $1,996
- Taxes w/Assessments: N/A
- Tax/Property ID: 481840100
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
151 Royal St Gravenhurst, ON P1P 1H5
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