141 Hotchkiss Street
Gravenhurst, ON
- 10 bed
- 6 bath
- approx. 2500-3000 sqft
- Multiplex
- 121 days on market
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.
Listing Details
- Taxes (2025)
- $2,980
- Listed
- May 1, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Metal/Steel Siding
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Water Heater
- Lot Size
- 56.6 x 109 Feet
Parking
- Garage
- None
- Covered Spaces
- 7
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Muskoka Road S.
- Zoning
- C-1A
- Parcel Number
- 481910230
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 5 Refrigerators, 5 Ranges, 2 Washers, 1 Dryer, 4 Hot Water Tanks
- Exclusions
- Tenants' Property
- Rental Items
- 2 hot water heaters
Schools
Secondary
- Gravenhurst High School0.2 km
Public · Trillium Lakelands DSB · 330 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Gravenhurst Public School0.2 km
Public · Trillium Lakelands DSB · 270 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Muskoka Beechgrove Public School1.9 km
Public · Trillium Lakelands DSB · 360 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 73% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P1P
- Population
- 11,083
- Private dwellings
- 6,921
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Gravenhurst · last 12 months
- Median sold price
- $630,000
- Homes sold
- 230
- Median days on market
- 33
- Sale-to-list price
- 95.0%
Based on 230 recorded sales of residential freehold properties in Gravenhurst over the last 12 months.
Listed by
Re/Max Professionals North
Walk Score
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Location
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Mortgage Calculator
$325,000
Estimated Monthly Payment
$7,983
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,983/mo (20% down, 5.5%)
Taxes: $248/mo · Insurance: $406/mo
Estimates only. Consult a financial advisor.
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