Listed by Re/Max Hallmark Chay Realty.

635 First Street S is a Duplex, 2-Storey and is currently for Sale @ $559,000. Taxes in 2025 were $2,016.00.

More homes for sale under 600k in Gravenhurst

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. The 2-Storey on 635 First Street S has 5 bedrooms, 2 bathrooms, and is located on a 66 x 66 ft lot in the community of Muskoka (S) . 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.

Refrigerator x2, Stove x2, Washer x2, Dryer x2, All Electrical Light Fixtures, Hot Water Tank (Owned) x2

The address 635 First Street S was listed for sale (MLS# X12793448) on Tuesday, February 17, 2026.