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151 Royal Street Gravenhurst, Ontario P1P 1H5

2 Bedroom 2 Bathroom 1,100 - 1,500 sqft
None Forced Air

$395,000

Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities. (id:56991)

Property Details

MLS® Number X13665672
Property Type Single Family
Community Name Muskoka (S)
CommunityFeatures School Bus
EquipmentType None
Features Level Lot, Level
ParkingSpaceTotal 10
RentalEquipmentType None
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Amenities Separate Electricity Meters
Appliances Water Heater, Water Meter, Stove, Refrigerator
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Concrete Block
FireplacePresent No
FoundationType Stone
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,100 - 1,500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 137 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 137 Ft
SizeTotalText 66 X 137 Ft
ZoningDescription C1

Rooms

Level Type Dimensions
Second Level Bathroom 1.93 m x 1.75 m
Second Level Kitchen 2.41 m x 3.12 m
Second Level Living Room 4.14 m x 3.43 m
Second Level Bedroom 3.4 m x 3.56 m
Second Level Bedroom 2 2.92 m x 2.24 m
Second Level Foyer 1.27 m x 2.92 m
Main Level Other 7.32 m x 9.45 m

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