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$589,000
Available - For Sale
Listing ID: X10454135
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.
Extras:   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
Price $589,000
Taxes: $5,774.26
Tax Type: Annual
Occupancy by: Vacant
Address: 1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario
Postal Code: P1P 1K6
Province/State: Ontario
Legal Description: LT 16EMR PL 5 GRAVENHURST; GRAVENHURST ;
Lot Size: 66 x 165 (Feet)
Directions/Cross Streets: Muskoka Rd. S / First St. S
Zoning: 335 - Residentia
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 10,872
Total Area Code:  Sq Ft
Area Influences: Major Highway  
Franchise: N
Sprinklers: Y
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Gravenhurst
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Lot Size: 66.00 x 165.00(Feet)
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Tax: $5,774.26
Maintenance Fee: $0
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Baths: 4
Garage: 0
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