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1040 Muskoka Road S Gravenhurst, Ontario P1P 1K6

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4 Bathroom 10872 sqft
Forced Air

$599,000

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 opportunities. **** EXTRAS **** 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:50638)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X9284660
Property Type Multi-family
Amenities Near By Highway
Parking Space Total 8

Building

Bathroom Total 4
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 10872 Sqft
Size Interior 10872 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 165 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66 X 165 Ft
Size Total Text Bldg=66 X 165 Ft
Zoning Description 335 - Residential Property With 5 Self

https://www.realtor.ca/real-estate/27348003/1040-muskoka-road-s-gravenhurst