$1,140,000
$1,199,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
321 David ST Gravenhurst, ON P1P 1L9
7 Beds
4 Baths
0.5 Acres Lot
Key Details
Sold Price $1,140,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Muskoka (S)
MLS Listing ID X12748308
Sold Date 04/24/26
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
Family Room No
Basement None
Kitchen 4
Interior
Interior Features None
Cooling None
Exterior
Exterior Feature Landscaped, Porch, Year Round Living, Privacy
Parking Features Available, Private, Reserved/Assigned
Pool None
View City, Forest, Trees/Woods
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 8
Building
Building Age 0-5
Foundation Slab
Others
Senior Community No
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN Yes
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