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635 First Street, Gravenhurst, ON P1P 1K1

$534,000

Discover this fully legal duplex in the heart of Gravenhurst, now featuring significant recent improvements that enhance its appeal and value. In 2025, Unit A underwent a full renovation, including new drywall, updated flooring, updated windows, a modern kitchen with stainless steel appliances, and a renovated four piece bathroom. The property also received new vinyl siding throughout the exterior in 2025, with new shingles completed in August 2026, offering important peace of mind for years to come. Located just minutes from downtown Gravenhurst, 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. Unit A is vacant and ready for immediate occupancy and features three spacious bedrooms, an eat in kitchen, a generous living area and a detached garage. Unit B includes two bedrooms, a four piece bathroom, a full kitchen, a comfortable living room, separate laundry, and access to an unfinished basement providing ample storage. With extensive recent renovations, refreshed exterior finishes, new shingles, private outdoor spaces, separate utilities, and a desirable central location, this versatile duplex presents an excellent opportunity for investors, first time buyers, or those looking to offset their mortgage in one of Muskoka's most sought after communities.