Gravenhurst, ON P1P 1K6,1040 Muskoka Road S
Gravenhurst, ON P1P 1K6,1040 Muskoka Road S
Gravenhurst, ON P1P 1K6,1040 Muskoka Road S
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Alexis Victor • ROYAL LEPAGE SIGNATURE REALTY
$589,000
Est. payment /mo
10,872 SqFt
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UPDATED:

11/23/2024 06:02 AM

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

Abv Grd Liv Area 10,872

Originating Board Mississauga

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

Direction Muskoka Rd. S / First St. S

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Waterfront No

Lot Frontage 66.0

Lot Depth 165.0

Garage No

Building

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

Faces Muskoka Rd. S / First St. S

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 481860038

Ownership Freehold/None


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+1(905) 332-2207

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