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Home ON Muskoka Huntsville
110 MAIN STREET W
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110 MAIN STREET W $3,399,000
$3,399,000
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110 MAIN STREET W
Huntsville (Chaffey), Ontario P1H1W8

MLS® Number: X12503266

Listing Description

14 Two-Bedroom, Two-Storey Suites, in Huntsville, ON! Over $500 in average rental upside, conservatively! Desirable financing! Nestled at the heart of Huntsville's vibrant Main Street East, the property enjoys unparalleled walkability to local amenities, shops, and cultural hubs. Steps from the iconic Huntsville Public Library, artisan boutiques, and acclaimed eateries like The Depot and Boathouse, residents benefit from immediate access to the town's bustling core. Very close proximity to the Huntsville District Memorial Hospital and the Muskoka River waterfront ensures convenience for healthcare and recreation. The property has seen substantial upgrades and modernization over the years with notable investment in tenant appeal and property renovation. Each unit is approximately 1,000 sq ft with 2 bedrooms on the second floor and open-concept living spaces featuring functional living spaces, spacious kitchens, tastefully appointed flooring and cabinets, etc. Each two-bedroom townhome also features a working gas fireplace in the family room. Current rents average under $1370 while newer in place rents are $1900. Further modernization could boost market rents even higher. An average upside of over $500 per unit means an upside of over $84,000 and upside in value of nearly $1,700,000 ! Huntsville's thriving economy, fueled by a booming tourism and manufacturing sector, supports strong housing demand. Known as the "Gateway to Muskoka," it hosts key employers like the Canadian Space Agency operations and attracts over 2 million tourists annually, employing thousands in hospitality and related fields. The town's ongoing infrastructure growth boosts its allure for real estate investment. Projects like the Muskoka Airport expansion, Algonquin Provincial Park enhancements, and a $200 million downtown revitalization signal a dynamic, expanding community. (41564146)

Location Description

Cross Streets: Main and Yonge. ** Directions: Downtown West.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Chaffey
Land Size
132 x 340 FT
Annual Property Taxes
$19,697
Time on REALTOR.ca
42 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
49891 sqft

Land

Lot Features
Frontage
132 ft
Land Depth
340 ft
Other Property Information
Zoning Description
Multi-Residential MU1
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