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$395,000

Map

151 Royal Street

Muskoka (S), Gravenhurst (Muskoka (S)), Ontario P1P1H5

For sale· Added

2 bed2 bath1,100–1,500 sqft

About this home

Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities.

Location

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Property details

Listing

MLS® number
X13665672
Added
Aug 12, 2026 ()
Updated
Aug 12, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Storeys
2
Ownership
Freehold

Inside

Bedrooms
2
Bathrooms
2
Half baths
1
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No
Appliances
Refrigerator, Water meter, Stove, Water Heater
Features
Level lot, Level

Building

Basement
Unfinished
Exterior
Concrete Block
Foundation
Stone
Parking
No Garage · 10 spaces
Amenities
Separate Electricity Meters

Land

Lot size
66 x 137 ft
Zoning
C1

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Muskoka Road South/Royal
Directions
Muskoka Road South To Royal Street.
Nearby
School Bus

Running costs

Annual property tax (2026)
$1,996

Rooms

OtherMain level7.32 x 9.45 m
BathroomSecond level1.93 x 1.75 m
KitchenSecond level2.41 x 3.12 m
Living roomSecond level4.14 x 3.43 m
BedroomSecond level3.4 x 3.56 m
Bedroom 2Second level2.92 x 2.24 m
FoyerSecond level1.27 x 2.92 m

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$395,000
151 Royal Street
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