321 David Street Gravenhurst, Ontario P1P 1L9
$1,299,000
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:56991)
Property Details
| MLS® Number | X12318470 |
| Property Type | Multi-family |
| Community Name | Muskoka (S) |
| AmenitiesNearBy | Beach, Schools, Park |
| EquipmentType | None |
| Features | Wooded Area, Flat Site, Conservation/green Belt, Dry |
| ParkingSpaceTotal | 8 |
| RentalEquipmentType | None |
| ViewType | City View |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Age | 0 To 5 Years |
| Appliances | Water Meter, Dryer, Water Heater, Stove, Washer, Refrigerator |
| BasementType | None |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| FireplacePresent | No |
| FoundationType | Slab |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 3,500 - 5,000 Ft2 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| AccessType | Public Docking |
| Acreage | No |
| LandAmenities | Beach, Schools, Park |
| LandscapeFeatures | Landscaped |
| Sewer | Sanitary Sewer |
| SizeDepth | 131 Ft ,2 In |
| SizeFrontage | 66 Ft ,7 In |
| SizeIrregular | 66.6 X 131.2 Ft |
| SizeTotalText | 66.6 X 131.2 Ft|1/2 - 1.99 Acres |
| SoilType | Mixed Soil |
| SurfaceWater | Lake/pond |
| ZoningDescription | Rm-1 |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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October 23 2025 04:12:20
Toronto Regional Real Estate Board
Royal Heritage Realty Ltd.
