About Property

This unique Residential/Commercial (C3 Zoning) mixed use property is perfect for investors, multi-generational families or anyone looking to offset their personal living costs or run their business from home.The front home is a renovated and charming, character-filled century house featuring a cozy three-season front porch and a private patio seating area in the back. Inside, you'll find a bright, open-concept kitchen that flows seamlessly into the living room. The main floor also includes a convenient 3-piece bathroom. Upstairs, there are two spacious bedrooms and a full 4-piece bathroom. Over the recent years, the owners have made several important updates including a new natural gas furnace (2021), vinyl siding and metal roof. This unit also includes all kitchen appliances and in-suite laundry with a washer and dryer. At the rear of this open and level property conveniently separated with generous sized parking area is a renovated, steel sided and roofed, 1720 sq ft 1-level dwelling or potential commercial space. This unit offers tall ceilings and an abundance of natural light throughout. It features three bedrooms, one 3-piece bathroom, and a 3-piece ensuite. Additional highlights include a fireplace, a large modern kitchen, laundry, brand new natural gas furnace (2025) and a storage garage. Both units are close walking distance to grocery stores, dining, parks, and downtown Gravenhurst. The property is currently fully tenanted. The front century home is rented at $1,489/month plus utilities, and the rear bungalow is rented at $2,150/month plus utilities.

Features