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1040 Muskoka Road S Gravenhurst, Ontario P1P 1K6

10872 sqft

$589,000

Unique multi-family investment opportunity located in downtown Gravenhurst. This three storey 5-plex generates approximately $4,425 in monthly rent. Annual property tax estimate is $5,774.26. The property consists of five 2 bedroom / 1 bathroom apartment units and is conveniently located walking distance to all essential services. Strong opportunity for value add buyer to acquire a stable apartment asset with rental upside in a Muskoka market that is under supplied in residential rental. The surrounding area boasts a wealth of amenities, including shops, restaurants, and recreational activities, all within easy reach. Whether you're looking to enhance your real estate portfolio or embark on a new venture, the potential here (id:11731)

Property Details

MLS® Number 40680384
Property Type Other
Amenities Near By Schools
Community Features High Traffic Area

Building

Basement Type Full
Stories Total 2
Size Exterior 10872.0000
Size Interior 10872 Sqft
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 66 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description D

https://www.realtor.ca/real-estate/27677660/1040-muskoka-road-s-gravenhurst

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November 22 2024 09:21:41

Mississauga Real Estate Board

Royal LePage Signature Realty