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5 Beds
4 Baths

C$449,900

211 Bishop Street, Gravenhurst ON, P1P 1J5

Property typeMulti-family

Overview

Active

New

Listed May 11, 2026

Updated 45h ago

Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by!

Additional information

MLS® ID
X13111888

Interior Features

Bedrooms
5
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0 Acres

Other Property Details

Taxes
$2,750
Tax Frequency
Annually

 

Courtesy of Listed by , EXIT REALTY TRUE NORTH,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:23 PM UTC, 10/12/2026

 

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