1040 Muskoka RD S new

Gravenhurst,ON P1P 1K6

$ 589000

- Bed

4 Baths

10872 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,872 sqft

Price per Sqft $54

MLS Listing ID X10454135

Annual Tax Amount $5,774

Tax Year 2024

Property 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 opportunities.

Location

Province ON

County Muskoka

Zoning 335 - Residential property with 5 self

Interior

Cooling No

Exterior

Community Features Major Highway

Utilities Available Yes

Others

Security Features Yes

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