$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

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:
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

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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