$589,000
FOR SALE

Investment

Lot: 66 x 132 ft
2026 Taxes: $2,414

261 HOTCHKISS St
Gravenhurst, ON P1P 1H7 | Muskoka (S) | Muskoka

TRIPLEX income property in central Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the downtown main street. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Steps from Parks, Lake Muskoka, Gull Lake, Beaches, Steamship Wharf, Downtown, Opera House, Library, Schools, YMCA and all the best of Muskoka Living. Net Operating Income $38,689 with a CAP Rate of 6.8% at list price. Over $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting, eavestroughs and tree removal. Buy as an investment property or move into one unit with income from the other two units or convert back to a family home with an accessory unit.
Share
Listed By Re/Max Professionals North
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13169332
Last Updated May 25, 2026
Property Summary
Property Type Investment

More like this:
PIN 481910136
Legal Description LT 6 S/S HOTCHKISS ST. PL 8 GRAVENHURST, GRAVENHURST; THE DISTRICT MUNICIPALITY OF MUSKOKA
Possession Date Flexible
Taxes (2026) $2,414
Directions/Cross Streets In Gravenhurst Muskoka Rd. S. to Hotchkiss St. go west 2 blocks to 261 on the southside.
Neighbourhood Muskoka (S)
Area Muskoka
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bedrooms 5
Bathrooms 3
Lot 66 x 132 ft
Air Conditioning Partial
Basement Basement
Chattels Y
Garage Type Single Detached
Parking Spaces 4
Heat Type Gas Forced Air Closed

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)