$ 395,000

151 Royal Street, Gravenhurst)

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. (id:1945)
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Property details for 151 Royal Street, Gravenhurst)

Type
Residential
Bedrooms
2
Bathrooms
2
Lot Size
66 x 137 FT
Stories
2
Basement
Unfinished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
None
Exterior
Concrete Block
Ownership
Freehold
Annual Taxes
$1,996 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 151 Royal Street

Active Listings
6
Min Price
$395,000
Max Price
$699,900
Avg Price
$572,900
Days on Market
104
days
Sold Listings
2
Min Sold Price
$629,000
Max Sold Price
$699,999
Avg Sold Price
$664,500
Days until Sold
185
days

Neighbourhood Census Data

Gravenhurst, Ontario

Population
483
Median Age
46.8
Median Income
$21,248
Dwelling Value
$250,025

Housing Tenure

Owners 30%
Renters 70%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 1,787.6/km²
Avg Shelter Cost: $1,198/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 35.7%
Tenants Spending 30%+: 77.4%
English only: 93.3%
English and French: 4.5%
Neither: 1.1%
Median Household Income: $31,840
Median Employment Income: $17,216

Price History

Listed
August 12, 2026
by Chestnut Park Real Estate
Current Price
$395,000
Type
Residential
For Sale
151 Royal Street

Contact Agent Get in touch about 151 Royal Street, Gravenhurst)

KAREN WHITE
KAREN WHITE
Chestnut Park Real Estate