211 Bishop Street
Muskoka (S), Gravenhurst, P1P 1J5
$449,900
- 5 bedrooms
- 4 bathrooms
- 6 parking
- 2000-2500 sq ft
Listed 162 days ago · MLS® X13111888
About this home
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!
Details
- Type
- Fourplex
- Style
- 1 1/2 Storey
- Size
- 2000-2500 sq ft
- Lot
- 66 × 132 ft
- Basement
- Half, Unfinished
- Garage
- None
- Kitchens
- 4
- Property tax
- $2,750 (2025)
- Neighbourhood
- Muskoka (S)
- Municipality
- Gravenhurst
Interior
- Bedrooms
- 5 above ground
- Bathrooms
- 4 × 4-piece (main)
- Rooms
- 16 above ground
- Family room or den
- No
- Fireplace
- No
- Features
- Accessory Apartment
Heating, cooling and services
- Heating
- Baseboard, Electric
- Water and sewer
- Sewer
Building and exterior
- Style
- 1 1/2 Storey
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Faces
- South
- Outdoor
- Porch, Year Round Living
Parking
- Total parking
- 6
- Driveway and parking
- Private Double
Lot
- Size
- 66 × 132 ft (rectangular)
More
- Possession
- Flexible
- Nearby
- Rec./Commun.Centre, Library, School
- Cross street
- First St and Bishop St
Rooms
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 3.1 × 2.9 m (10'2" × 9'6") | |
| Bedroom | Second | 2.73 × 2.85 m (8'11" × 9'4") | |
| Bedroom 2 | Second | 3.23 × 2.82 m (10'7" × 9'3") | |
| Bedroom 3 | Main | 2.74 × 2.51 m (9' × 8'3") | |
| Bedroom 4 | Second | 5.33 × 2.62 m (17'6" × 8'7") | |
| Kitchen | Main | 1.89 × 2.87 m (6'2" × 9'5") | |
| Living Room | Main | 4.35 × 3.47 m (14'3" × 11'5") | |
| Kitchen | Main | 1.49 × 2.87 m (4'11" × 9'5") | |
| Living Room | Main | 2.36 × 3.22 m (7'9" × 10'7") |
History of this address
13 earlier listings 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, 5 cafés and restaurants, 1 park, 1 pharmacy. Nearest grocery: Your Independent Grocer (550 m). Nearest park: Gull Lake Rotary Park (350 m).
Schools nearby
Elementary
- Gravenhurst Public School10 min walk
- Muskoka Beechgrove Public School
EQAO: Gr 6 reading 89%, math 73%2.0 km
Secondary
- Gravenhurst High School
EQAO: Gr 9 math 54%, literacy test 88%9 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)200 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 EXIT REALTY TRUE NORTH.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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