Gravenhurst, ON P1P 1L9,321 David ST
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Gravenhurst, ON P1P 1L9,321 David ST
Gravenhurst, ON P1P 1L9,321 David ST
Gravenhurst, ON P1P 1L9,321 David ST
Gravenhurst, ON P1P 1L9,321 David ST
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Joseph Bitton B.A., LL.B., Broker.

Joseph Bitton B.A., LL.B., Broker.

+1(416) 801-8600
$ 1,249,000
Est. payment /mo
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Active

321 David ST Gravenhurst, ON P1P 1L9

7 Beds

4 Baths

0.5 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Muskoka (S)

MLS Listing ID X12748308

Style 2-Storey

Bedrooms 7

Annual Tax Amount $8,270

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Fourplex

Property Description

Cash-Flow Positive Turnkey 4-Plex Investment Near Gull Lake, Gravenhurst. A rare, income-generating opportunity awaits just minutes from picturesque Gull Lake in the heart of Gravenhurst. This purpose-built 4-plex, constructed in 2020 & is fully tenanted with 100% occupancy and delivering positive cash flow from day one. An ideal choice for investors seeking immediate returns and long-term stability or owner lives in one of the units! Well maintained with stable and cooperative tenancy. Designed for modern, low-maintenance living, the property features three spacious 2-bedroom units and one bright, wheelchair-accessible 1-bedroom unit. Each unit offers an open-concept layout, a full kitchen, in-suite laundry, and a private entrance. The building is separately metered for electricity (tenant-paid heat) and provides eight (8) on-site parking spots for residents and guests. Located in a quiet, established neighbourhood close to schools, parks, and downtown amenities, this property benefits from strong rental demand in one of Muskoka's most desirable communities. Rent can be legally raised on any unit with 90 days notice using Form N2. This solid asset offers peace of mind and reliable returns. 2025 Taxes: $8,269.92. TURNKEY INVESTMENT WITH STRONG TENANT RELATIONS AND PRIDE OF OCCUPANCY THROUGHOUT THE BUILDING.

Location

State ON

County Muskoka

Area Muskoka

Zoning RM-1

Body of Water Gull Lake

Rooms

Basement None

Kitchen 4

Interior

Interior Features None

Cooling None

Inclusions 4 fridges/4 stoves/4 washers/4 dryers/4 hot water tanks; 3, 2 bedroom and 1 wheel chair accessible bedroom unit

Exterior

Exterior Feature Landscaped, Porch, Year Round Living, Privacy

Parking Features None

Pool None

View City, Forest, Trees/Woods

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Building Age 0-5

Foundation Slab

Others

ParcelsYN No

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321 David ST