141 Hotchkiss Street

ActiveGravenhurst · Muskoka (S)93 days on marketMLS® X13085912

$1,625,000

$650 / sq ft

Bedrooms10

Bathrooms6

Interior2,500 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market93

About this property

Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a 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. The commercial space offers approximately 2,500 square feet of versatile space with store frontage, same tenant for 23 years; 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, 2 of which have balconies, 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 will soon be 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% based on List Price and a consistently increasing revenue stream from this proven asset. The property has been very well maintained throughout, offering 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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13085912
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,500 sq ft
Beds / Baths	10 bed · 6 bath
Neighbourhood	Muskoka (S)
City	Gravenhurst
Postal Code	P1P 1H6
Province	ON
Listed Date	May 5, 2026
Days on Market	93
Price per Sq Ft	$650
Brokerage	Re/Max Professionals North