141 Hotchkiss Street
Gravenhurst, ON
5,600 sqft • Investment • 117 days on market
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are 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 frontage space, currently tenanted, 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 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 brand 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% and consistent 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
- April 30, 2026
Price History
Listing history
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Property
- Lot Size
- 56.6 x 109 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Muskoka Road S.
- Zoning
- C-1A
- Parcel Number
- 481910230
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Tenant
- Office / Apartment Area
- 2700 Sq Ft
Included
- Inclusions
- 5 Refrigerators, 5 Ranges, 2 Washers, 1 Dryer, 5 Hot Water Tanks
- Exclusions
- Tenants' Property
- Rental Items
- 3 hot water heater
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
Commercial in Gravenhurst · last 12 months
- Median sold price
- $630,000
- Homes sold
- 233
- Median days on market
- 34
- Sale-to-list price
- 95.0%
Based on 233 recorded sales of commercial properties in Gravenhurst over the last 12 months.
Listed by
Re/Max Professionals North
Location
Commercial figures
- Building area
- 5,600 sq ft
- Price per sq ft
- $290.18
- Annual property tax
- $2,980
- Tax per sq ft
- $0.53
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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