635 First Street S, Gravenhurst

TRIPLEX income property in central Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the downtown main street. 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. Steps from Parks, Lake Muskoka, Gull Lake, Beaches, Steamship Wharf, Downtown, Opera House, Library, Schools, YMCA and all the best of Muskoka Living. Net Operating Income $38,689 with a CAP Rate of 6.8% at list price. Over $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting, eavestroughs and tree removal. Buy as an investment property or move into one unit with income from the other two units or convert back to a family home with an accessory unit.

4 bedrooms + den, 2150 sqft side-split on a 1/2 acre lot, between Gravenhurst and Bracebridge. This large family home has had some BIG investments already completed, including a new septic system (2026), forced air propane furnace (2021), windows and siding (2020/2021), some laminate flooring, and roof (2018). The main floor features an open concept kitchen and dining room with patio doors to the raised front deck, 2 recently updated bedrooms, a 3pc bathroom, and laundry. The second floor features a very large living room, the primary bedroom with French doors to a back deck, a 6'x6' walk-in closet, and a 4pc bathroom across the hall, which easily could be closed off to create a private suite. The lower-level (ground level) offers a mudroom and foyer, family room, 4th bedroom, PLUS a den or office. Outside, on this 1/2 ACRE lot, the Canadian shield backdrop behind the house combined with the forested area, offers that true Muskoka setting. Overall, some finishing touches are still needed, with the bulk of improvements already completed. High speed internet via Lakelands Fibre Optics is being installed right now. Budget Propane: $2872 (2024) and $2914 (2025). This home is centrally located, only a 4-minute drive north of Bethune Dr N, and just 5-minutes south of Ecclestone in Bracebridge. Note: Some photos are virtually staged. CLICK ON THE VIDEO/VIRTUAL TOUR FOR THE SELF-GUIDED EXPERIENCE!

Opportunity knocks with this remarkable 2.9-acre parcel on Denison Island, set in the heart of Lake Muskoka with an impressive 765 feet of shoreline capturing both southwest and northwest exposures. The natural landscape blends towering pines, gently sloping terrain, and striking granite outcroppings with the rare combination of deep, clear water and a sandy beach with a gentle entry. Several level building sites offer endless design possibilities, including an elevated plateau that could provide sweeping lake views.Whether you envision a sprawling family cottage or a more intimate retreat, the property's size and frontage allow for exceptional flexibility, along with the potential opportunity to explore adding a two-storey boathouse with living quarters above. Start your mornings with tranquil paddles around the island, spend the afternoon exploring miles of open boating on Lakes Muskoka, Rosseau, and Joseph, and end the day watching unforgettable sunsets. Just two minutes by boat to Campbell's Landing marina. And its an easy trip to Gravenhurst for golf or Bala for dining, and shopping, this location offers both convenience and seclusion. With its prime setting and outstanding features, this is the ideal canvas to bring your lakeside vision to life. Schedule a visit and see first-hand why opportunities like this are so rare on the Big Three.