ON > Muskoka > Muskoka (S)
Muskoka, ON P1P 1H7,261 HOTCHKISS ST
Muskoka, ON P1P 1H7,261 HOTCHKISS ST
Muskoka, ON P1P 1H7,261 HOTCHKISS ST
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$549,000
Est. payment /mo
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5 Beds
3 Baths
Price Dropped by $30K

261 HOTCHKISS ST Muskoka, ON P1P 1H7

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Muskoka (S)

MLS Listing ID X12355827

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,340

Tax Year 2025

Property Sub-Type Triplex

Property Description

TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. 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. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living.

Location

Province ON

County Muskoka

Community Muskoka (S)

Area Muskoka

Rooms

Family Room Yes

Basement Finished, Partial Basement

Kitchen 3

Interior

Interior Features Solar Tube, Storage, Water Heater

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Year Round Living, Deck

Parking Features Private Double

Garage Spaces 1.0

Pool None

View Garden

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features Library,Park,Place Of Worship,School,Rec./Commun.Centre

Foundation Concrete, Stone

New Construction false

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN Yes

Listed by Re/Max Professionals North

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261 HOTCHKISS ST