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$1,249,000
Available - For Sale
Listing ID: X12748308
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.
Price $1,249,000
Taxes: $8,270
Assessment Year: 2025
Occupancy by: Tenant
Address: 321 David Street , Gravenhurst, P1P 1L9, Muskoka
Acreage: .50-1.99
Directions/Cross Streets: BETHUNE/DAVID
Rooms: 18
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Main
Washroom 3:  4 Lower
Washroom 4:  3 Lower
Washroom 5:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 8
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Other Structures: None
Approximatly Age: 0-5
Approximatly Square Footage: 3500-5000
Property Features: Beach
Arts Centre
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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ROYAL HERITAGE REALTY LTD.

321 David Street , Gravenhurst, P1P 1L9, Muskoka

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Fourplex
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style: 2-Storey
Lot Size: x 132.00(Feet)
Approximate Age: 0-5
Tax: $8,270
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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