Jason Hughes

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(905) 320-5864

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1040 MUSKOKA Road S, Gravenhurst, Ontario

$589,000

10,872 Square Feet

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:23309)

Listing ID: 40680384
Property Type: Other

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Details

Amenities Nearby: Schools
Community Features: High Traffic Area
Ownership: Freehold
Transaction: For sale
Zoning Description: D

Building

BasementType: Full
Fireplace Present: False
Size Exterior: 10872.0000
Size Interior: 10872 sqft
Stories Total: 2
Utility Water: Municipal water

Land

Access Type: Highway access
Amenities: Schools
Sewer: Municipal sewage system
Size Frontage: 66 ft

Listing provided by ROYAL LEPAGE SIGNATURE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1040 MUSKOKA Road S in Gravenhurst Ontario. It was last modified on November 22nd, 2024. Contact Jason Hughes to schedule a viewing or to discover other Gravenhurst real estate for sale.

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