1040 MUSKOKA Road S new

Gravenhurst,ON P1P1K6

$ 589000

- Bed

- Bath

10872 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 10,872 sqft

Price per Sqft $54

Subdivision Gravenhurst

MLS Listing ID 40680384

Originating Board Cornerstone - Mississauga

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 (id:24570)

Location

Province ON

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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