261 HOTCHKISS Street
Muskoka (S)
Muskoka
P1P 1H7
$579,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12355185
- Photos (36)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 1628 sq. ft. Square Feet
- Total Area:
- 1,628 sq. ft.151 m2
- Depth:
- 132'40.2 m
- Frontage:
- 66'20.1 m
- Lot Shape:
- Rectangular
- Lot Details:
- 132 x 66
- Bedrooms:
- 5
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 0
- Zoning:
- RM1
- Heating type:
- Gas Forced Air Closed
- New Construction:
- No
- Garage:
- None
- Parking Spaces:
- 4
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To, Not Subject to HST
- Assessment:
- $176,000
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $2,340 / 2025
- Assessment:
- $176,000.00 / 2025
- Gravenhurst
- Muskoka (S)
- Muskoka
- Recreation/Community Centre
- No
- 3 Refrigerators, 3 ranges
- Tenants property
- UFFI:
- No
- Utilities:
- Unknown
- Energy Certification:
- No
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Category:
- Accommodation
- Franchise:
- No
- Chattels:
- Yes
- Date Listed:
- Aug 20, 2025
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Listed by Re/Max Professionals North
Data was last updated September 4, 2025 at 04:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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