141 Hotchkiss Street
Muskoka (S), Gravenhurst, P1P 1H6
$1,595,000
Listed 31 days ago · MLS® X13805410
About this home
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow.
Details
- Type
- Investment
- Lot
- 56.6 × 109 ft
- Garage
- None
- Property tax
- $2,980 (2025)
- Neighbourhood
- Muskoka (S)
- Municipality
- Gravenhurst
Heating, cooling and services
- Heating
- Baseboard
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 5,600 Square Feet
More
- Possession
- Immediate
- Cross street
- Muskoka Road S.
- Business type
- Apts - 2 To 5 Units
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 7 cafés and restaurants, 2 parks, 1 pharmacy. Nearest grocery: Your Independent Grocer (350 m). Nearest park: Gull Lake Rotary Park (500 m).
Schools nearby
Elementary
- Gravenhurst Public School5 min walk
- Muskoka Beechgrove Public School
EQAO: Gr 6 reading 89%, math 73%1.8 km
Secondary
- Gravenhurst High School
EQAO: Gr 9 math 54%, literacy test 88%5 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area P1P
- Owners / renters
- 76% / 24%
- Median household income
- $72,500
- Average age
- 50
- Children under 15
- 11%
- Homes
- 76% detached, 2% high-rise
- Commute by transit
- 0%
- Population
- 11,083
Languages spoken most at home besides English: Spanish 0.1%, Punjabi (Panjabi) 0.1%, Korean 0.1%, Yue (Cantonese) 0.1%.
Safety
Crime Severity Index for Bracebridge (Gravenhurst) (OPP): 57 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise 1 source nearby
- 🚆 Rail line (Newmarket Subdivision)250 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by Re/Max Professionals North.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.