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1040 Muskoka Road S Gravenhurst, Ontario P1P 1K6

10872 sqft

$589,000

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. 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)

Property Details

MLS® Number 40680384
Property Type Other
AmenitiesNearBy Schools
CommunityFeatures High Traffic Area

Building

BasementType Full
FireplacePresent No
StoriesTotal 2
SizeExterior 10872.0000
SizeInterior 10872 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Schools
Sewer Municipal Sewage System
SizeDepth 165 Ft
SizeFrontage 66 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription D

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