211 Bishop Street, Gravenhurst

For sale · $449,900

5 beds · 4 baths · Fourplex · 2000-2500 sq ft

Photo of 211 Bishop Street

About this home

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!

Listing details

  • MLS® number: X13111888
  • Listed on May 11, 2026
  • 8 photos

Listing brokerage: EXIT REALTY TRUE NORTH

See every photo, drive times from your places, the neighbourhood and nearby schools in the Dibz app. Sold prices and listing history are for signed-in members.

Open the map · Book a showing

MLS® listing data by PropTx under licence from TRREB, deemed reliable but not guaranteed accurate by PropTx. Operated by HighPoint Homes Realty, Brokerage.