$589,000
Available - For Sale
Listing ID: X10454135
1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario
| 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: | $5774.26 |
| 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: | 66.00 x 165.00 (Feet) |
| Directions/Cross Streets: | Muskoka Rd. S / First St. S |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 10872.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Franchise: | N |
| Sprinklers: | Y |
| Washrooms: | 4 |
| Soil Test: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Muskoka |
| Municipality: | Gravenhurst |
| Lot Size: | 66.00 x 165.00(Feet) |
| Tax: | $5,774.26 |
| Baths: | 4 |
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