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 (id:61852)
MLS® Number | X12318470 |
Property Type | Multi-family |
Community Name | Muskoka (S) |
AmenitiesNearBy | Beach, Schools, Park |
EquipmentType | None |
Features | Wooded Area, Flat Site, Conservation/green Belt, Dry |
ParkingSpaceTotal | 8 |
RentalEquipmentType | None |
ViewType | City View |
BathroomTotal | 4 |
BedroomsAboveGround | 7 |
BedroomsTotal | 7 |
Age | 0 To 5 Years |
Appliances | Water Meter, Dryer, Water Heater, Stove, Washer, Refrigerator |
ExteriorFinish | Vinyl Siding |
FireProtection | Smoke Detectors |
FoundationType | Slab |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 2 |
SizeInterior | 3500 - 5000 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
No Garage |
AccessType | Public Docking |
Acreage | No |
LandAmenities | Beach, Schools, Park |
LandscapeFeatures | Landscaped |
Sewer | Sanitary Sewer |
SizeDepth | 131 Ft ,2 In |
SizeFrontage | 66 Ft ,7 In |
SizeIrregular | 66.6 X 131.2 Ft |
SizeTotalText | 66.6 X 131.2 Ft|1/2 - 1.99 Acres |
SoilType | Mixed Soil |
SurfaceWater | Lake/pond |
ZoningDescription | Rm-1 |
Cable | Installed |
Electricity | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28677383/321-david-street-gravenhurst-muskoka-s-muskoka-s
Contact us for more information
Jackie Warner
Salesperson