211 BISHOP STREET
Toronto · P1P1J6
$459,900
About this residence
Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Bedrooms
- 5 (5 above)
- Bathrooms
- 4
- Storeys
- 1
- Living area
- 2,000–2,500 sq ft
- Lot size
- 66 x 132 FT
- Frontage
- 66 feet
- Parking
- 6 spaces
- Annual tax
- $2,710
- MLS®
- X12566518
- Board
- Toronto
- Status
- Inactive
- Listed
- Nov 21, 2025
- Updated
- Nov 21, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Ground level | 3.1 × 2.9 m |
| Bedroom | Second level | 2.73 × 2.845 m |
| Bedroom 2 | Second level | 3.226 × 2.819 m |
| Bedroom 3 | Main level | 2.74 × 2.51 m |
| Bedroom 4 | Second level | 5.334 × 2.62 m |
| Kitchen | Main level | 1.89 × 2.87 m |
| Living room | Main level | 4.35 × 3.47 m |
| Kitchen | Main level | 1.49 × 2.87 m |
| Living room | Main level | 2.36 × 3.22 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
- Water meter
Heating
- Baseboard heaters
- Electric
Basement
- Partial
- Unfinished
Exterior
- Vinyl siding
Foundation
- Poured Concrete
Parking
- No Garage
Lot
- Level
- Dry
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$2,151/mo
Loan amount
$367,920
Down payment
$91,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · P1P- 11,083
- Population
- 54
- Median age
- $72,500
- Median income
- $500,000
- Median home value
- 76%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 211 BISHOP STREET?
211 BISHOP STREET is listed for $459,900, in Toronto.
How many bedrooms and bathrooms does 211 BISHOP STREET have?
It offers 5 bedrooms and 4 bathrooms.
What type of home is 211 BISHOP STREET?
211 BISHOP STREET is a Multi-family, Fourplex set over 1 storey.
How large is 211 BISHOP STREET?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 66 x 132 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,151. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,710 per year.
Is there parking?
Yes — 211 BISHOP STREET includes 6 parking spaces.
What is the Toronto area like?
Toronto has a population of about 11,083, a median age of 54, a 76% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $72,500.
Private viewings
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