7 Beds 4 Bath

321 David Street, Gravenhurst, ON P1P 1L9

Gravenhurst P1P 1L9 Ontario

MLS: X12318470

$1,350,000

Added 17 days ago | For Sale

Listed by: ROYAL HERITAGE REALTY LTD.

About Property

Turnkey 4-Plex Investment Opportunity Near Gull Lake Gravenhurst. Exceptional opportunity to own a purpose-built 4-plex just minutes from beautiful Gull Lake in the heart of Gravenhurst. Built in 2020, this well-maintained income property features 3 spacious 2-bedroom units and 1 bright wheel chair accessible 1-bedroom unit, each designed for modern, low-maintenance living. Each unit offers open-concept layouts, full kitchens, in-suite laundry, and private entrances. The building is separately metered for electricity allowing for tenant-paid heat, and includes ample parking for residents and guests. With strong rental demand in this sought-after Muskoka location, this property is ideal for investors seeking steady cash flow and long-term growth. Ask about the Rent Control Exemption for Newer Units (Post-November 15, 2018). Located in a quiet, established neighbourhood close to schools, parks, and downtown amenities. A rare investment gem just 5 years new and ready to generate returns from day one. Taxes for 2024 = $8,131.34

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 66.64 X 131.24
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:BETHUNE/DAVID STREET
  • Basement:None , None
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $8269.92
  • Bedrooms:7
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12318470

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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