211 Bishop Street, Gravenhurst, ON P1P 1J5
Muskoka (S), Gravenhurst · Near First St and Bishop St · View map
About this home
Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by!
The home
- Type
- Fourplex
- Style
- 1 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 16
- Basement
- Half, Unfinished
- Lot size
- 66 x 132 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $2,750/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- First St and Bishop St
- Neighbourhood
- Muskoka (S)
More
- Price per sq ft
- ~$200 (at 2,250 sq ft)
- MLS® number
- X13111888
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The home and its surroundings
- Accessory Apartment
- Rec./Commun.Centre
- Library
- School
- Porch
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
211 Bishop Street, Gravenhurst, ON P1P 1J5
Muskoka (S), Gravenhurst · Near First St and Bishop St
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Listing history for 211 Bishop Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 211 Bishop Street
Answers come straight from this home’s MLS® listing.
How much is 211 Bishop Street listed for, and what would it cost each month?
211 Bishop Street is listed for $449,900. With 20% down ($89,980), the mortgage payment would be roughly $1,815 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,044 a month, all in. That figure is an illustration, not a quote.
Is 211 Bishop Street freehold or a condo, and is there a monthly fee?
211 Bishop Street is a fourplex in Muskoka (S), Gravenhurst. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 211 Bishop Street have?
211 Bishop Street has 5 bedrooms and 4 bathrooms. The listing gives the style as 1 1/2 storey.
Does 211 Bishop Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 211 Bishop Street have a finished basement?
The listing describes the basement as half, unfinished.
What style of home is 211 Bishop Street?
211 Bishop Street is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 211 Bishop Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 132 ft.
How is 211 Bishop Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 211 Bishop Street?
Property taxes are $2,750 a year (2025), or about $229 a month.
Where is 211 Bishop Street?
211 Bishop Street is in the Muskoka (S) community of Gravenhurst. The nearest main intersection is First St and Bishop St. The postal code is P1P 1J5.
Is 211 Bishop Street still for sale?
Yes. It is an active listing (MLS® X13111888). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 211 Bishop Street asking?
Similar properties for sale nearby right now include 635 First Street S at $520,000 (5 bed), 237 Musquash Road at $549,000 (4 bed) and 190 Winewood Avenue W at $449,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 211 Bishop Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 211 Bishop Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Muskoka (S), picked by style, size and price.
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Detached home$549,000237 Musquash Road, Gravenhurst4 bed · 2 bath · Muskoka (S)Courtesy of: Re/Max Professionals NorthView home →
Detached home$449,900190 Winewood Avenue W, Gravenhurst3 bed · 2 bath · Muskoka (S)Courtesy of: LPT REALTYView home →Courtesy of: EXIT REALTY TRUE NORTH
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.