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635 FIRST STREET S, Gravenhurst , Ontario

$699,900

5 Beds
2 Baths

Discover this fully legal, income-generating duplex located in the heart of Gravenhurst, an ideal opportunity for investors or first-time buyers looking to offset their mortgage. Just minutes from downtown, Gull Lake, and Lake Muskoka, this well-maintained property offers two self-contained units, each with separate hydro and gas meters, private driveways with two-car parking, individual fenced backyards, and separate laundry facilities for added convenience. In 2025, significant updates were completed, including a full renovation of Unit A and new vinyl siding across the entire exterior. Unit A features a modern kitchen with stainless steel appliances, new drywall, updated flooring and windows, a renovated 4-piece bathroom, three spacious bedrooms, an eat-in kitchen, a generous living area, and a detached garage vacant and ready for immediate occupancy. Unit B includes two bedrooms, a 4-piece bathroom, a full kitchen, a comfortable living room, and access to an unfinished basement offering ample storage. This turnkey duplex offers a rare combination of functionality, privacy, recent upgrades, and strong income potential in one of Muskoka's most desirable communities. (id:23309)

Open house this Sun, Jun 1st from 1:00 PM to 3:00 PM.

Listing ID: X12180581
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.6 m x 3.9 m
Bedroom 2	Second level	4.6 m x 2.9 m
Bedroom 3	Second level	2.9 m x 3 m
Bathroom	Second level	4.7 m x 2.1 m
Eating area	Main level	6.3 m x 2.3 m
Bedroom	Main level	3.2 m x 3.4 m
Bedroom 2	Main level	4.2 m x 3 m
Bathroom	Main level	2.2 m x 1.6 m
Kitchen	Main level	4.8 m x 2.4 m
Laundry room	Main level	2.8 m x 2 m
Living room	Main level	4.5 m x 2.4 m
Living room	Main level	3.6 m x 4.6 m
Kitchen	Main level	2.5 m x 4.6 m

Details

Amenities Nearby: Hospital, Marina, Schools
Features: Flat site
Parking Spaces: 5
Transaction: For sale
Waterfront: Waterfront
Zoning Description: RM1

Building

Amenities: Separate Electricity Meters, Separate Heating Controls
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 5
Cooling: Central air conditioning
Exterior Finish: Aluminum siding, Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital, Marina, Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 66 ft
Size Irregular: 66 x 66 FT
Surface Water: Lake/Pond

Listing provided by RE/MAX HALLMARK CHAY REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 635 FIRST STREET S in Gravenhurst Ontario. It was last modified on May 29th, 2025. Contact the Lausic Team to schedule a viewing or to discover other Gravenhurst real estate for sale.

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