1040 Muskoka Rd S, Gravenhurst, ON, P1P 1K6

$589,000

MLS® # X10454135

Investment For Sale In Gravenhurst, Ontario

$589,000

Property Information:

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 opportunities.

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

Building Features:

  • Basement: Yes
  • Elevator: None
  • Garage Type: None
  • Parking: Yes
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 4
  • Annual Tax Amount: $5,774
  • Air Conditioning: No
  • Lot Depth: 165 Feet
  • Lot Frontage: 66 Feet
  • Occupancy: Vacant
  • Utilities: Yes
  • Water: Municipal

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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