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$559,000

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7

Gravenhurst

Bedrooms
5
Bathrooms
3
Parking
6
Type
Detached
AI summary
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About this listing

NEW PRICE!!! 261 Hotchkiss Street, a fantastic opportunity to own a well-maintained triplex in one of Gravenhurst's most convenient locations. Whether you're an investor looking to expand your portfolio, a first-time buyer hoping to offset your mortgage with rental income, or someone searching for a property with future flexibility, this one deserves a closer look. Situated on a quiet, tree-lined street just two blocks from downtown, this RM1-zoned property features three self-contained units. The front unit offers a spacious 2-bedroom unit with an open-concept kitchen, dining and living area, creating a bright and functional space. The second unit includes a second 2-bedroom unit with an additional den, ideal for a home office or extra storage. Completing the property is a bachelor suite with its own private entrance, providing another valuable source of rental income. The large in-town lot offers plenty of outdoor space, while two separate driveways and a detached garage provide ample parking for tenants or future owners. Over $30,000 has been invested in recent improvements, including updated flooring, bathroom renovations, paint, appliances, eavestroughs, and tree removal, allowing the next owner to purchase with confidence. Beyond its current use as a triplex, this property also offers future potential. It could be converted back into a spacious single-family home with an accessory apartment, making it an excellent long-term investment. Enjoy being within walking distance of downtown Gravenhurst's shops, restaurants, schools, YMCA, library, parks, the Opera House, the Muskoka Wharf, Lake Muskoka, and Gull Lake. With its desirable location, strong income potential, recent updates, and flexible layout, 261 Hotchkiss Street is a rare opportunity to own a property that can generate income today while offering endless possibilities for tomorrow.

Property details

Days on market
2 days
Property taxes
$2,414/yr (2026)
Lot size
66 × 132 Feet
Style
Other
Heating
Forced Air (Other)
Cooling
Other
Basement
Finished
Garage
Detached
Construction
Vinyl Siding
Facing
South
Approximate age
51-99

Payment calculator

$111,800 (20%)
%
Estimated payment
$2,475 /mo
Mortgage amount
$447,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7

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MLS# X13655162

Listed by Re/Max Professionals North

On market since Aug 9, 2026

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About 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7

How much is 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7?

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is listed for $559,000 CAD.

How many bedrooms and bathrooms does 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 have?

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 has 5 bedrooms and 3 bathrooms.

What type of property is 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7?

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is a Detached.

What neighbourhood is 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 in?

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is in Gravenhurst, Ontario.

Is 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 for sale or for rent?

261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is currently for sale.

How do I book a showing for 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 (MLS# X13655162). You can also send a message through the contact form on this site.