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Gravenhurst
321 DAVID STREET
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321 DAVID STREET $1,299,000
$1,299,000
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321 DAVID STREET
Gravenhurst (Muskoka (S)), Ontario P1P1L9

MLS® Number: X12318470
7
Bedrooms
4
Bathrooms
3500 - 5000
Square Feet

Listing Description

Turnkey 4-Plex Investment Opportunity Near Gull Lake Gravenhurst. Exceptional opportunity to own a purpose-built 4-plex just minutes from beautiful Gull Lake in the heart of Gravenhurst. Built in 2020, this well-maintained income property features 3 spacious 2-bedroom units and 1 bright wheel chair accessible 1-bedroom unit, each designed for modern, low-maintenance living. Each unit offers open-concept layouts, full kitchens, in-suite laundry, and private entrances. The building is separately metered for electricity allowing for tenant-paid heat, and includes ample parking for residents and guests. With strong rental demand in this sought-after Muskoka location, this property is ideal for investors seeking steady cash flow and long-term growth. Ask about the Rent Control Exemption for Newer Units (Post-November 15, 2018). Located in a quiet, established neighbourhood close to schools, parks, and downtown amenities. A rare investment gem just 5 years new and ready to generate returns from day one. Taxes for 2024 = $8,131.34 (40995853)

Location Description

Cross Streets: BETHUNE/DAVID STREET. ** Directions: From HWY 11 NB: Merge left onto Muskoka Rad South. Turn right onto Bethune Drive. Turn right onto David Street. Number 321 on right side of road.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3500 - 5000 sqft
Community Name
Muskoka (S)
Land Size
66.6 x 131.2 FT|1/2 - 1.99 acres
Age Of Building
0 to 5 years
Annual Property Taxes
$8,269.92
Parking Type
No Garage
Time on REALTOR.ca
136 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
4
Interior Features
Appliances Included
Water meter, Dryer, Water Heater, Stove, Washer, Refrigerator
Basement Type
None
Building Features
Features
Wooded area, Flat site, Conservation/green belt, Dry
Foundation Type
Slab
Fire Protection
Smoke Detectors
Rental Equipment
None
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Cable (Installed), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Beach, Schools, Park
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
3500 - 5000 sqft

Land

Lot Features
Frontage
66 ft ,7 in
Land Depth
131 ft ,2 in
Landscape Features
Landscaped
Soil Type
Mixed soil
View
City view
Other Property Information
Access
Public Docking
Zoning Description
RM-1
Waterfront Features
Waterfront Name
Gull Lake
Surface Water
Lake/Pond
Access
Public Docking
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905-599-3251
Email
ROYAL HERITAGE REALTY LTD.
Brokerage
950 East Shore Rd.
Bala, Ontario P0C1A0
905-831-2222
905-239-4807

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