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