1040 Muskoka Road S new

Gravenhurst,ON P1P 1K6

$ 589000

0 Bed

- Bath

10872 SqFt


Key Details

Property Type Commercial

Sub Type Store with Apt/Office,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,872 sqft

Price per Sqft $54

MLS Listing ID 40680384

Annual Tax Amount $5,774

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. 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

Location

Province ON

County Muskoka

Area Gravenhurst

Zoning D

Rooms

Kitchen 0

Exterior

Waterfront No

Building

Lot Description City Lot,High Traffic Area,Highway Access,Schools

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

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