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1040 Muskoka Road S Gravenhurst, Ontario P1P 1K6

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:56991)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X9284660
Property Type Multi-family
AmenitiesNearBy Highway
ParkingSpaceTotal 8

Building

BathroomTotal 4
FireplacePresent No
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 10872 Sqft
SizeInterior 10872 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway
SizeDepth 165 Ft
SizeFrontage 66 Ft
SizeIrregular Bldg=66 X 165 Ft
SizeTotalText Bldg=66 X 165 Ft
ZoningDescription 335 - Residential Property With 5 Self

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