Discover this fully legal, income-generating duplex located in the heart of Gravenhurst, an ideal opportunity for investors or first-time buyers looking to offset their mortgage. Just minutes from downtown, Gull Lake, and Lake Muskoka, this well-maintained property offers two self-contained units, each with separate hydro and gas meters, private driveways with two-car parking, individual fenced backyards, and separate laundry facilities for added convenience. In 2025, significant updates were completed, including a full renovation of Unit A and new vinyl siding across the entire exterior. Unit A features a modern kitchen with stainless steel appliances, new drywall, updated flooring and windows, a renovated 4-piece bathroom, three spacious bedrooms, an eat-in kitchen, a generous living area, and a detached garage vacant and ready for immediate occupancy. Unit B includes two bedrooms, a 4-piece bathroom, a full kitchen, a comfortable living room, and access to an unfinished basement offering ample storage. This turnkey duplex offers a rare combination of functionality, privacy, recent upgrades, and strong income potential in one of Muskoka's most desirable communities.
Address
635 First Street S
List Price
$559,000
MLS® Status
Price Change
Expiration Date
2026-02-13
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Gravenhurst
Sub-Area
Muskoka (S)
Region
Muskoka
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
10
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
66
Lot Size Units
Feet
Lot Width
66
Parcel Number
481850023
Occupant Type
Owner+Tenant
Cross Street
Muskoka Rd/Veterans Way
MLS® Number
X12539916
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Basement Area
Unfinished
Postal Code
P1P 1K1
Posession Details
Flexible
Parking Places (Total)
5
Parking Spaces
4
Tax Amount
$2,016.00
Tax Year
2025
Site Influences
Fenced Yard, Hospital, Lake/Pond, Marina, School
Interior Features
Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Property Features
Hospital, Lake/Pond, Marina, School, Fenced Yard
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding, Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle, Metal
Tax Legal Description
PT LT 20EMR PL 3 GRAVENHURST AS IN DM290491; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Waterfront
No
Sewer
Sewer
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