Discover an exceptional investment opportunity with this fully renovated turnkey fourplex, ideally located in the heart of Gravenhurst. Extensively renovated in June 2021, this property offers three 1-bedroom units and one 2-bedroom unit, each thoughtfully modernized with in-suite laundry, full appliance packages, and separate utility meters. Tenants pay their own hydro, water, and gas (Unit 1 features electric heat), ensuring minimal owner expenses. All major systemsincluding furnace, A/C, and hot water tanks were replaced in 2021. Additional highlights include spray foam insulation, insulated siding, windows and doors, metal roof, and a paved parking lot, were also replaced/added in 2021. There is a full unfinished basement with a solid block foundation for extra storage. Situated just minutes from The Wharf, Lake Muskoka, and downtown Gravenhurst, this property is surrounded by popular attractions like boutique shopping, waterfront dining, the historic steamships, farmers' market, scenic trails, marinas, and cultural landmarks such as the Gravenhurst Opera House. Proximity to schools, parks, and Highway 11 further enhances tenant appeal, making this a high-demand rental location and a smart, stable investment just 1.5 hours from the GTA. With all capital improvements completed, strong rental demand, and minimal ongoing maintenance, 280 Bishop Street represents a truly hands-off assetmaking it a smart and secure addition to any investors portfolio.
For sale
C$889,000
280 Bishop St, Gravenhurst, ON P1P 1J6
5beds
4baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
In-suite laundryFull appliance packagesSeparate utility metersSpray foam insulationInsulated sidingMetal roofPaved parking lot
- 53 days
- on Zillow |
- 4 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 05:21am
Listed by:
REAL BROKER ONTARIO LTD.
Source: TRREB,MLS®#: X12213318
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater Owned
Features
- Separate Hydro Meter
- Basement: Unfinished
- Has fireplace: No
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 2
- Pool features: None
Lot
- Size: 0.2 Square Feet
Details
- Parcel number: 481850053
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Concrete Block
- Roof: Metal
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Gravenhurst
Financial & listing details
- Annual tax amount: C$6,062
- Date on market: 6/11/2025
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