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211 BISHOP STREET, Gravenhurst, Ontario, P1P 1J5

MLS® # X12566518
Investment For Sale In Gravenhurst, Ontario
$459,900
211 Bishop Street, Gravenhurst, ON - Outdoor
211 Bishop Street, Gravenhurst, ON - Outdoor
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor
211 Bishop Street, Gravenhurst, ON - Outdoor
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
211 Bishop Street, Gravenhurst, ON - Outdoor With View
  • Advertising
211 BISHOP STREET, Gravenhurst, Ontario, P1P 1J5
$459,900

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Amenities Nearby: Schools
  • Community Features: Community Centre
  • Features: Dry, Level
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Structure Type: Porch
  • Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
  • Zoning: RM-1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom 2nd Level 2.73 m x 2.85 m
  • 2nd Bedroom 2nd Level 3.23 m x 2.82 m
  • 4th Bedroom 2nd Level 5.33 m x 2.62 m
  • 3rd Bedroom Main Level 2.74 m x 2.51 m
  • Kitchen Main Level 1.89 m x 2.87 m
  • Living Main Level 4.35 m x 3.47 m
  • Kitchen Main Level 1.49 m x 2.87 m
  • Living Main Level 2.36 m x 3.22 m
  • Kitchen Ground Level 3.10 m x 2.90 m

Convert Measurement to:

Courtesy of: EXIT REALTY TRUE NORTH

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Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

-1.24%

Price change (1 year)

35.05%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 211 BISHOP STREET, Gravenhurst, Ontario, P1P 1J5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 211 BISHOP STREET , experiences 7 hot days per year at around 29.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.4 degrees Celsius.

Projected Avg. Temperature

Past
29.9℃
2050
33.4℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

70/100

Moderate-High

ClimateCheck®

Current data

This property, 211 BISHOP STREET , experiences 12 significant 2-day storms per year, with about 339.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 431.3mm of precipitation per year.

Precipitation Per Storm

Past
339.1mm
2050
431.3mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 211 BISHOP STREET, Gravenhurst, Ontario, P1P 1J5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,709.74

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.53 %

High school certificate or equivalent

35.34 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

24.9 %

University certificate (below bachelor)

0.26 %

University Degree

7.01 %

Commuter

Travel To Work

By Car

79.86 %

By Public Transit

0.0 %

By Walking

16.7 %

By Bicycle

0.0 %

By Other Methods

3.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.68 %

Houses

69.32 %

Own Vs. Rent

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