Residential Freehold Active
211 Bishop Street, Gravenhurst, ON P1P 1J5
  • $449,900

Overview

  • Fourplex, Style 1 1/2 Storey
  • Type
  • 5
  • Bedrooms
  • 4
  • Bathrooms

Description

Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don’t let this rare opportunity pass you by!

Address

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  • Address: Bishop
  • City: Gravenhurst
  • State/county: Muskoka
  • Zip/Postal Code: P1P 1J5
  • Area: Muskoka (S)

Details

Updated on October 9, 2026 at 7:48 pm
  • Price $449,900
  • Bedrooms 5
  • Bathrooms 4
  • Type Fourplex, Style 1 1/2 Storey
  • Property Status Residential Freehold

Additional details

  • Bedrooms 5
  • Tax Year 2025
  • Square Footage 2000-2500
  • Washrooms 4
  • Kitchens 4
  • Total Kitchens 4
  • Basement Half, Unfinished
  • Heating Type Baseboard
  • Heating Fuel Electric
  • Air Conditioning None
  • Sewers Sewer
  • Front 66
  • Depth 132
  • Driveway Private Double
  • Parking Spaces 6
  • Total Parking Spaces 6
  • Exterior Finish Vinyl Siding
  • Property Orientation South
  • Taxes 2750
  • Occupancy Tenant
  • Cross Street First St and Bishop St
  • Courtesy of EXIT REALTY TRUE NORTH
  • Price per Sq Ft ~$200 (at 2,250 sq ft)
  • Listed May 11, 2026 · 151 days on market

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Questions & answers

Frequently asked questions about 211 Bishop Street

Answers come straight from this home’s MLS® listing.

How much is 211 Bishop Street listed for?

211 Bishop Street is listed for $449,900. With 20% down ($89,980), the mortgage payment would be roughly $1,813 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 211 Bishop Street have?

211 Bishop Street has 5 bedrooms and 4 bathrooms. There are 4 kitchens.

How big is 211 Bishop Street?

The listing puts the above-grade living space between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 211 Bishop Street?

211 Bishop Street is a fourplex one-and-a-half-storey home in Muskoka (S), Gravenhurst. The exterior is vinyl siding.

Does 211 Bishop Street have a finished basement?

The basement is listed as half, unfinished.

How big is the lot at 211 Bishop Street?

The lot is 66 ft wide by 132 ft deep, which is about 8,712 sq ft if it is a regular rectangle. The listing gives the orientation as south.

Does 211 Bishop Street have a garage, and how much parking is there?

The listing does not show a garage. There is parking for 6 vehicles in total.

How is 211 Bishop Street heated and cooled?

Heating is baseboard (electric). The listing shows no air conditioning.

What are the property taxes for 211 Bishop Street?

Property taxes are $2,750 a year (2025), or about $229 a month.

What neighbourhood is 211 Bishop Street in?

211 Bishop Street is in the Muskoka (S) community of Gravenhurst, Muskoka Region. The nearest main intersection is First St and Bishop St. The postal code is P1P 1J5.

Is 211 Bishop Street still for sale?

Yes. 211 Bishop Street is an active listing (MLS® X13111888), on the market since May 11, 2026. Listings here update from the board through the day and come down once a home sells.

Has 211 Bishop Street sold before, and for how much?

Past sales, leases and expired listings for this address are in the Sold history tab, with the price and date of each. It is free for members.

How do I book a showing at 211 Bishop Street?

Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

Have a different question? Ask about this home and get an answer, usually within the hour.