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$ 1,299,000
Est. payment /mo
Active
321 DAVID STREET Gravenhurst (muskoka (s)), ON P1P1L9
7 Beds
4 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $371
Subdivision Muskoka (S)
MLS® Listing ID X12318470
Bedrooms 7
Source Toronto Regional Real Estate Board
Property Description
Turnkey 4-Plex Investment Opportunity Near Gull Lake Gravenhurst. Exceptional opportunity to own a purpose-built 4-plex just minutes from beautiful Gull Lake in the heart of Gravenhurst. Built in 2020, this well-maintained income property features 3 spacious 2-bedroom units and 1 bright wheel chair accessible 1-bedroom unit, each designed for modern, low-maintenance living. Each unit offers open-concept layouts, full kitchens, in-suite laundry, and private entrances. The building is separately metered for electricity allowing for tenant-paid heat, and includes ample parking for residents and guests. With strong rental demand in this sought-after Muskoka location, this property is ideal for investors seeking steady cash flow and long-term growth. Ask about the Rent Control Exemption for Newer Units (Post-November 15, 2018). Located in a quiet, established neighbourhood close to schools, parks, and downtown amenities. A rare investment gem just 5 years new and ready to generate returns from day one. Taxes for 2024 = $8,131.34 (id:24570)
Location
State ON
Lake Name Gull Lake
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
View Y/N Yes
View City view
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Sanitary sewer
Water Gull Lake
Others
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Listed by ROYAL HERITAGE REALTY LTD.