151 Royal ST, Gravenhurst, ON P1P 1H5
151 Royal ST, Gravenhurst, ON P1P 1H5
151 Royal ST, Gravenhurst, ON P1P 1H5
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$395,000
Est. payment /mo
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2 Beds
2 Baths
New

151 Royal ST Gravenhurst, ON P1P 1H5

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Muskoka (S)

MLS Listing ID X13665672

Style 2-Storey

Bedrooms 2

Annual Tax Amount $1,996

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Muskoka

Area Muskoka

Rooms

Family Room No

Basement Exposed Rock, Unfinished

Kitchen 1

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch Enclosed, Year Round Living

Parking Features Private

Pool None

Waterfront Description None

View Downtown

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 66.0

Lot Depth 137.0

Total Parking Spaces 10

Building

Unit Features Level,School Bus Route

Foundation Stone

Others

ParcelsYN Yes


Listed by Chestnut Park Real Estate

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151 Royal ST