321 David Street
Muskoka (S), Gravenhurst, P1P 1L9
For Sale
12.24 BTC

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7
BEDROOMS4
BATHROOMS4
KITCHENS18
ROOMSX12748308
MLSIDContact Us
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.
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Property Features
Beach, Arts Centre, Hospital, Greenbelt/Conservation, Lake/Pond, School, None, Available, Private, Reserved/Assigned, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Property Type
Fourplex
Lot Size
66' x 132'
Taxes
$8,270 (2025)
Basement
None
Exterior
Landscaped, Porch, Year Round Living, Privacy
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
8
Garage Type
None
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Listing contracted with Royal Heritage Realty Ltd.
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