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Royal LePage
Royal LePage
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$1,299,000

Gravenhurst ON, P1P 1L9

MLS® # X12318470

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Access Type:
  • Amenities Nearby: Schools, Park
  • Features: Wooded area, Flat site, Conservation/green belt, Dry
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 131.2 Feet
  • Lot Frontage: 66.6 Feet
  • Lot Size: 66.6 x 131.2 FT
  • Soil Type: Mixed soil
  • Surface Water:
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • View Type: City view
  • Zoning: RM-1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: ROYAL HERITAGE REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 321 DAVID STREET, Gravenhurst, Ontario, P1P 1L9

Demographic Information of 321 DAVID STREET, Gravenhurst, Ontario, P1P 1L9

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,709.74

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.53 %

High school certificate or equivalent

35.34 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

24.9 %

University certificate (below bachelor)

0.26 %

University Degree

7.01 %

Commuter

Travel To Work

By Car

79.86 %

By Public Transit

0.0 %

By Walking

16.7 %

By Bicycle

0.0 %

By Other Methods

3.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.68 %

Houses

69.32 %

Own Vs. Rent

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