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261 HOTCHKISS Street

Muskoka (S), Gravenhurst, P1P 1H7

$559,000

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  • 5 bedrooms
  • 3 bathrooms
  • 6 parking
  • 1100-1500 sq ft

Listed 72 days ago · MLS® X13655162

About this home

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.

Details

Type
Detached
Style
Other
Age
51-99 years
Size
1100-1500 sq ft
Lot
66 × 132 ft
Basement
Finished
Garage
Detached
Kitchens
3
Property tax
$2,414 (2026)
Neighbourhood
Muskoka (S)
Municipality
Gravenhurst
Price per sq ft
$430 (16% below detached houses in Muskoka (S), $510)

Interior

Bedrooms
5 above ground
Bathrooms
3 × 9-piece
Rooms
14 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air
Water and sewer
Sewer

Building and exterior

Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete Block
Age
51-99 years
Faces
South

Parking

Garage spaces
1
Total parking
6

Lot

Size
66 × 132 ft (rectangular)
Acreage
< .50

More

Possession
Flexible
Nearby
School, Park, Fenced Yard, Arts Centre
Cross street
In Gravenhurst Muskoka Rd. S. to Hotchkiss St. go west 2 blocks to 261 on the southside.

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, 9 cafés and restaurants, 2 parks, 1 pharmacy. Nearest grocery: Your Independent Grocer (450 m). Nearest park: Gull Lake Rotary Park (650 m).

Schools nearby

Elementary

  • Gravenhurst Public School3 min walk
  • Muskoka Beechgrove Public School
    EQAO: Gr 6 reading 89%, math 73%    1.9 km

Secondary

  • Gravenhurst High School
    EQAO: Gr 9 math 54%, literacy test 88%    3 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 Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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.

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