261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7
Gravenhurst
NEW PRICE!!! 261 Hotchkiss Street, a fantastic opportunity to own a well-maintained triplex in one of Gravenhurst's most convenient locations. Whether you're an investor looking to expand your portfolio, a first-time buyer hoping to offset your mortgage with rental income, or someone searching for a property with future flexibility, this one deserves a closer look. Situated on a quiet, tree-lined street just two blocks from downtown, this RM1-zoned property features three self-contained units. The front unit offers a spacious 2-bedroom unit with an open-concept kitchen, dining and living area, creating a bright and functional space. The second unit includes a second 2-bedroom unit with an additional den, ideal for a home office or extra storage. Completing the property is a bachelor suite with its own private entrance, providing another valuable source of rental income. The large in-town lot offers plenty of outdoor space, while two separate driveways and a detached garage provide ample parking for tenants or future owners. Over $30,000 has been invested in recent improvements, including updated flooring, bathroom renovations, paint, appliances, eavestroughs, and tree removal, allowing the next owner to purchase with confidence. Beyond its current use as a triplex, this property also offers future potential. It could be converted back into a spacious single-family home with an accessory apartment, making it an excellent long-term investment. Enjoy being within walking distance of downtown Gravenhurst's shops, restaurants, schools, YMCA, library, parks, the Opera House, the Muskoka Wharf, Lake Muskoka, and Gull Lake. With its desirable location, strong income potential, recent updates, and flexible layout, 261 Hotchkiss Street is a rare opportunity to own a property that can generate income today while offering endless possibilities for tomorrow.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13655162
Listed by Re/Max Professionals North
On market since Aug 9, 2026
What comparable homes actually sold for in the last 12 months.
261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is listed for $559,000 CAD.
261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 has 5 bedrooms and 3 bathrooms.
261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is a Detached.
261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is in Gravenhurst, Ontario.
261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 261 HOTCHKISS Street, Gravenhurst, ON P1P 1H7 (MLS# X13655162). You can also send a message through the contact form on this site.
