Apartment buildings for sale in Barrie–Simcoe
211 Bishop Street, Gravenhurst
2 to 5 units
Listed by EXIT REALTY TRUE NORTH
Updated August 4, 2026
$449,900
Underwrite this building
Opens our underwriting tool with this listing's price filled in. Every assumption stays editable.
Request the package
We'll send the full listing package and, if useful, our read on the numbers.








Details from the listing
| Property taxes | $2,750 (2025) |
| Lot size | 0.2 ft |
| Occupancy | Tenant |
| Heat | Baseboard, Electric |
From the listing
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!
Request the package
We'll send the full listing package and, if useful, our read on the numbers.
Your details are used to deliver the package and follow up on this listing only, unless you also subscribe above.
Listings refreshed October 1, 2026 at 12:25 a.m. ET