151 Royal Street, Gravenhurst, ON P1P 1H5
Muskoka (S), Gravenhurst · Near Muskoka Road South/Royal · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 8
- Basement
- Exposed Rock, Unfinished
- Lot size
- 66 x 137 ft
- Faces
- South
- View
- Downtown
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Concrete Block
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
- Parking features
- Private
Taxes & other
- Property taxes
- $1,996/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- Muskoka Road South/Royal
- Neighbourhood
- Muskoka (S)
More
- Price per sq ft
- ~$304 (at 1,300 sq ft)
- MLS® number
- X13665672
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The home and its surroundings
- Separate Hydro Meter
- Water Heater Owned
- Level
- School Bus Route
- Porch Enclosed
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
151 Royal Street, Gravenhurst, ON P1P 1H5
Muskoka (S), Gravenhurst · Near Muskoka Road South/Royal
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Listing history for 151 Royal Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 151 Royal Street
Answers come straight from this home’s MLS® listing.
How much is 151 Royal Street listed for, and what would it cost each month?
151 Royal Street is listed for $395,000. With 20% down ($79,000), the mortgage payment would be roughly $1,593 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,760 a month, all in. That figure is an illustration, not a quote.
Is 151 Royal Street freehold or a condo, and is there a monthly fee?
151 Royal Street is a 2-storey detached home in Muskoka (S), Gravenhurst. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 151 Royal Street have?
151 Royal Street has 2 bedrooms and 2 bathrooms.
Does 151 Royal Street have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
Does 151 Royal Street have a finished basement?
The listing describes the basement as exposed rock, unfinished.
What style of home is 151 Royal Street?
151 Royal Street is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 151 Royal Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 137 ft.
How is 151 Royal Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 151 Royal Street?
Property taxes are $1,996 a year (2025), or about $166 a month.
Where is 151 Royal Street?
151 Royal Street is in the Muskoka (S) community of Gravenhurst. The nearest main intersection is Muskoka Road South/Royal. The postal code is P1P 1H5.
Is 151 Royal Street still for sale?
Yes. It is an active listing (MLS® X13665672). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 151 Royal Street asking?
Similar detached homes for sale nearby right now include 151 DAVID Street at $399,000 (3 bed), 630 First Street S at $289,000 (1 bed) and 1430 Muskoka Road N at $399,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 151 Royal Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 151 Royal Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Muskoka (S), picked by style, size and price.
2-storey detached home$399,000151 DAVID Street, Gravenhurst3 bed · 2 bath · Muskoka (S)Courtesy of: Sutton Group Incentive Realty Inc.View home →
2-storey detached home$289,000630 First Street S, Gravenhurst1 bed · 2 bath · Muskoka (S)Courtesy of: Royal LePage Northern Life Realty, BrokerageView home →
Detached bungalow$399,9001430 Muskoka Road N, Gravenhurst2 bed · 1 bath · Muskoka (S)Courtesy of: LPT REALTYView home →Courtesy of: Chestnut Park Real Estate
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.