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

State ON

County Muskoka

Community Major Highway

Interior

Cooling No

Exterior

Garage Spaces 8.0

Community Features Major Highway

Utilities Available Yes

Others

Security Features Yes

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