635 First Street
About this property
Discover this fully legal, income-generating duplex located in the heart of Gravenhurst, an ideal opportunity for investors or first-time buyers looking to offset their mortgage. Just minutes from downtown, Gull Lake, and Lake Muskoka, this well-maintained property offers two self-contained units, each with separate hydro and gas meters, private driveways with two-car parking, individual fenced backyards, and separate laundry facilities for added convenience. In 2025, significant updates were completed, including a full renovation of Unit A and new vinyl siding across the entire exterior. Unit A features a modern kitchen with stainless steel appliances, new drywall, updated flooring and windows, a renovated 4-piece bathroom, three spacious bedrooms, an eat-in kitchen, a generous living area, and a detached garage vacant and ready for immediate occupancy. Unit B includes two bedrooms, a 4-piece bathroom, a full kitchen, a comfortable living room, and access to an unfinished basement offering ample storage. This turnkey duplex offers a rare combination of functionality, privacy, recent upgrades, and strong income potential in one of Muskoka's most desirable communities.
Features & finishes
Property details
| MLS® Number | X13159844 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Multi-Family |
| Interior Size | 1,500 sq ft |
| Beds / Baths | 5 bed · 2 bath |
| Neighbourhood | Muskoka (S) |
| City | Gravenhurst |
| Postal Code | P1P 1K1 |
| Province | ON |
| Listed Date | May 22, 2026 |
| Days on Market | 77 |
| Price per Sq Ft | $356 |
| Brokerage | RE/MAX HALLMARK CHAY REALTY |
Location
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