1040 Muskoka Road South, Gravenhurst | Image 1

1040 Muskoka Road South

Gravenhurst

  • Commercial

$599,000
For Sale

Added 2 months ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: 335 - Residentia

  • Age: No Data

  • Taxes: 5774.26

  • MLS®#: X9284660

  • Days on Site: 22 Days

  • Added: Aug 29, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

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

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Gravenhurst

  • Availability Date: Immediate

  • Assessment Amount: $426,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 16EMR PL 5 GRAVENHURST; GRAVENHURST ; THE DISTRICT MUNICIPALI

  • Taxes: $5,774

  • Taxes Type: Annual

Land

  • Cross Street: Muskoka Rd. S / Firs

  • Municipality District: Gravenhurst

  • Parcel Number: 481860038

  • Lot Depth: 165 Feet

  • Lot Frontage: 66 Feet

  • Zoning: 335 - Residentia

Commercial Specific

  • Sprinklers: Y

  • Total Area: 10872

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Soil Test: N

  • Financial Statement: Y

Map of 1040 Muskoka Road South, Gravenhurst
JK-8

Muskoka Falls Public School

Elementary: Public
10.82 km
JK-8

K P Manson Public School

Elementary: Public
14.62 km
JK-8

Monsignor Michael O'Leary School

Elementary: Catholic
15.20 km
JK-8

Gravenhurst Public School

Elementary: Public
0.90 km
JK-8

Muskoka Beechgrove Public School

Elementary: Public
2.60 km
JK-8

Monck Public School

Elementary: Public
14.87 km
9-12

St Dominic Catholic Secondary School

Secondary: Catholic
16.25 km
9-12

Gravenhurst High School

Secondary: Public
0.75 km
9-12

Patrick Fogarty Secondary School

Secondary: Catholic
32.10 km
9-12

Bracebridge and Muskoka Lakes Secondary School

Secondary: Public
17.44 km
9-12

Trillium Lakelands' AETC's

Secondary: Public
14.96 km
9-12

Orillia Secondary School

Secondary: Public
33.67 km