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• 1040 Muskoka Rd S, Gravenhurst, ON P1P 1K6

$599,000 ^{FOR SALE}

Investment

Lot: 66 x 165 ftTotal Area: 10,872 ft²
2024 Taxes: $5,774.26

1040 Muskoka Rd S
Gravenhurst, ON P1P 1K6 | Muskoka

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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

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Listed By	ROYAL LEPAGE SIGNATURE REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9284660
Last Updated	Sep 20, 2024

Property Summary

Property Type	Investment More like this: Gravenhurst Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	481860038
Legal Description	LT 16EMR PL 5 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Occupancy	Vacant
Possession Date	Immediate
Taxes (2024)	$5,774.26
Tax Type	Annual
Assessment (2024)	$426,000
Directions/Cross Streets	Muskoka Rd. S / First St. S
Area	Muskoka

Price History

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Detailed Information

Freestanding	Y
Bathrooms	4
Lot	66 x 165 ft
Total Area	10,872 ft2
Elevator	None
Air Conditioning	N
Basement	Y
Chattels	Y
Garage Type	None
Parking Spaces	8
Heat Type	Gas Forced Air Closd
Financial Statement	Y
Area Influences	Major Highway
Soil Test	N
Sprinklers	Y
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Building
Zoning	335 - Residential property with 5 self
Seller Property Info Statement	N

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