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

$589,000

MLS® # 40680384

Commercial 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. 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

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: Full
  • Floor Space (approx): 10872 Square Feet
  • Lot Depth: 165 Feet
  • Lot Features: City Lot, High Traffic Area, Highway Access, Schools
  • Lot Frontage: 66.00 Feet
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)

Courtesy of: Royal LePage Signature Realty

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
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

Additional Photos