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Home ON Gravenhurst
1040 MUSKOKA Road S
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1040 MUSKOKA Road S $589,000
$589,000
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1040 MUSKOKA Road S
Gravenhurst, Ontario P1P1K6

MLS® Number: 40680384

Listing Description

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 (68358044)

Location Description

Muskoka Rd. S / First St. S

Property Summary

Property Type
Other
Storeys
2
Subdivision Name
Gravenhurst
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$5,774.26
Time on REALTOR.ca
27 days

Building

Interior Features
Basement Type
Full
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Schools

Measurements

Square Footage
10872 sqft
Exterior Building Size
10872 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
165 ft
Other Property Information
Access
Highway access
Zoning Description
D
Data provided by: Cornerstone - Mississauga # 1 - 3450 RIDGEWAY Drive, Mississauga, Ontario L5L0A2
Alexis Victor