Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.

Forgot password Extend Verify Contact

141 Hotchkiss Street
Muskoka (S) Gravenhurst P1P 1H6

$1,625,000 /For Sale
Commercial

Main Photo: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 1: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 2: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 3: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 4: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 5: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 6: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 7: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 8: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 9: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 10: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 11: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Photo 12: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13087632
Bus Major:
Apts - 2 To 5 Units
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. The commercial space offers approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a brand new 5th two bedroom apartment that will soon be ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. The property has been very well maintained throughout, offering a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5600 sq. ft. Square Feet
Total Area:
5,600 sq. ft.
Retail Area:
2900 sq. ft. Sq Ft
Office/Apt Area:
2700 sq. ft. Sq Ft
Lot Depth:
109'
Lot Frontage:
56'7¼"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
C-1A
Heating type:
Baseboard
Clear Height:
8'
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Assessment:
$184,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$2,979.7 / 2025
Assessment:
$184,000.00 / 2026
Muskoka
Gravenhurst
Muskoka (S)
No
3 hot water heater
5 Refrigerators, 5 Ranges, 2 Washers, 1 Dryer, 5 Hot Water Tanks
Tenants' Property
None
No
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Days Open:
Varies
Number of Double Man Shipping Doors:
0
Height of Double Man Shipping Doors:
0'
Number of Drive-In Level Shipping Doors:
0
Height of Drive-In Level Shipping Doors:
0'
Number of Grade Level Shipping Doors:
0
Height of Grade Level Shipping Doors:
0'
Number of Truck Level Shipping Doors:
0
Height of Truck Level Shipping Doors:
0'
Date Listed:
May 06, 2026
Original Price:
Previous Price:
  • Photo 1: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 1 of 12
  • Photo 2: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 2 of 12
  • Photo 3: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 3 of 12
  • Photo 4: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 4 of 12
  • Photo 5: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 5 of 12
  • Photo 6: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 6 of 12
  • Photo 7: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 7 of 12
  • Photo 8: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 8 of 12
  • Photo 9: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 9 of 12
  • Photo 10: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 10 of 12
  • Photo 11: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 11 of 12
  • Photo 12: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13087632
    Photo 12 of 12
Listed by Re/Max Professionals North
Data was last updated May 15, 2026 at 06:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

Maximizing Exposure for Your Apartment Building

If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.