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. (id:4069)
Address
151 ROYAL STREET
List Price
$395,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Gravenhurst (muskoka (s))
Bedrooms
2
Bathrooms
2
Half Bathrooms
1
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
66 x 137 FT Sq. Ft.
Lot Depth
137 ft
Frontage Length
66 ft
MLS® Number
X13665672
Listing Brokerage
Chestnut Park Real Estate
Basement Area
N/A (Unfinished)
Postal Code
P1P1H5
Zoning
C1
Ownership
Freehold
Parking Places (Total)
10
Features
Level lot, Level
Community Features
School Bus
Appliances
Water Heater, Water meter, Stove, Refrigerator
Amenities
Separate Electricity Meters
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Stone
Other Structures
Porch
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
