$395,000
151 Royal Street, Gravenhurst, ON P1P 1H5
2 beds2 baths10 parking 1100-1500 ft²
Key facts
- MLS®
- X13665672
- Status
- New
- Type
- Detached
- Taxes
- $1,996
- Size
- 1100-1500 ft²
- Parking
- 10 total
- Lot
- 0.2 Feet
- Listed
- 2026-08-12
- Brokerage
- Chestnut Park Real Estate
- Cross street
- Muskoka Road South/Royal
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.