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Renanza Realty
For sale

151 ROYAL STREET

Gravenhurst (Muskoka (S)), Ontario

MLS® X13665672

$395,000

Status
Active
Property type
House
MLS® number
X13665672
Bedrooms
2
Bathrooms
2
Year built
—

Listing 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.

Property summary

MLS® number
X13665672
Property type
Single Family
Building type
House
Title
Freehold
Land size
66 x 137 FT
Annual property taxes
$1,996.41
Parking
10 spaces · No Garage
Days on market
47 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Unfinished, N/A
Appliances
Refrigerator, Water meter, Stove, Water Heater
Exterior features
Concrete Block
Lot features
Level lot, Level
Community features
School Bus

What would this home cost you?

Based on the $395,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,838 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Chestnut Park Real Estate, PORT CARLING.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.