261 HOTCHKISS Street

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 pri…

Property Type

Investment

Style

Accommodation

Year Built

51-99

Lot Size

66 ft × 132 ft

Heating

Gas Forced Air Closed

Cooling

Partial

Parking

4 spaces

Annual Taxes

$2,414 (2026)

MLS #

X13169332

Brokerage

Re/Max Professionals North

Days on Market

3 days

Estimated payment. Does not include property tax, insurance, or condo fees.