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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 1,199,000

Est. payment | -/mo

7 Beds

4 Baths

Save Virtual Tour

$ 1,199,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Muskoka (S)

MLS Listing ID X12748308

Style 2-Storey

Bedrooms 7

Annual Tax Amount $8,270

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Muskoka

Area Muskoka

Body of Water Gull Lake

Rooms

Family Room No

Basement None

Kitchen 4

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Landscaped, Porch, Year Round Living, Privacy

Parking Features Available, Private, Reserved/Assigned

Pool None

Waterfront Description WaterfrontCommunity

View City, Forest, Trees/Woods

Roof Type Asphalt Shingle

Topography Dry,Flat

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 8

Building

Building Age 0-5

Unit Features Beach,Arts Centre,Hospital,Greenbelt/Conservation,Lake/Pond,School

Foundation Slab

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN Yes

Virtual Tour https://unbranded.youriguide.com/321_david_st_gravenhurst_on/

Listed by ROYAL HERITAGE REALTY LTD.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

321 David ST Gravenhurst, ON P1P 1L9

Ruth Pedrosa

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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321 David ST