$589,000
( $54.18Per Sq Foot )
$3,162 est/mo Sourced by Back At You1040 Muskoka Road S , Gravenhurst, ON P1P 1K6
Gravenhurst, ON P1P 1K6
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
Details
| MLS# | 40680384 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 58 |
| Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | Alexis Victor |
Features
| SQ Feet | 10,872 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | D |
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Learn More About This Property
| State | ON |
|---|---|
| County | Muskoka |
| City | Gravenhurst |
| Zip Code | P1P 1K6 |
| Area | Gravenhurst |
| Subarea | Gravenhurst |
| Community Name | Gravenhurst |
| Listing VS Median (in Gravenhurst) | |
Price: $589,000 low | high Med: $612,500 SqFt: 10,872 low | high Med: 1,632 $ / SqFt: $54 low | high Med: $418 On Site: 58 low | high Med: 266.500000 | |
Listing Updated: January 8, 2025 at 10:00:15 PM PST