635 First Street S, Gravenhurst, ON P1P 1K1
- $534,000
- 5
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $534,000
- MLS#
- X13159844
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Gravenhurst
- Area
- Muskoka
- Neighborhood
- Muskoka (S)
- Subdivision
- Muskoka Rd/Veterans Way
Property Description
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.
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Additional Information
- Taxes
- $2,016
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 2
- Exterior
- Aluminum Siding, Vinyl Siding
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 5
Mortgage Calculator
Listing courtesy of RE/MAX HALLMARK CHAY REALTY.