For Sale

1040 Muskoka Road, Gravenhurst, Ontario P1P1K6

$599,000

1040 Muskoka Road, Gravenhurst, Ontario P1P1K6 is For Sale and has a listing price of 599,000. The property is located in the Gravenhurst neighbourhood. It's been on the website for 27 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 4
    Bathrooms
  • 8
    Parking Spaces
  • MLS ID: X9284660
  • Office Name ROYAL LEPAGE SIGNATURE REALTY,ROYAL LEPAGE SIGNATU
Property Description

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 (id:43137)

Property Details
  • MLS ID: X9284660
  • Bathrooms: 4
  • Price: $599,000
  • Transaction Types: For Sale
  • Ref ID: 27348003
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
08/29/2024 40638286 $599,000 For Sale - -
08/29/2024 X9284660 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Gravenhurst
  • $833,236 Average List Price
    based on 1 year
  • 56 New Listings
    based on 30 days
  • 109 Median Days on Market
    based on 1 year
  • List vs. Selling Price 165.9 % Up
  • Sold (12mo) 53
  • Rented (12mo) 8

  • 1 Month Change -18.8%
  • 3 Month Change -4.6%
  • 6 Month Change -30.0%
Walkscore
  • 69 Walk Score
    Somewhat Walkable
  • 44 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    67.09%
  • Commercial
    20.41%
  • Condo
    7.71%
  • Land for Sale
    4.79%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Total Parking Spaces: 8
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/08/2024 00:00:00
  • Zoning R2 Low Density Residential
  • Agent Name: ALEXIS MACINTYRE VICTOR,WILLIAM KENNETH IRONS
  • Last Updated: 16/10/2024 18:43:25
Open House Dates
Want to see this property?