For Sale

1040 MUSKOKA Road, Gravenhurst, Ontario P1P1K6

$589,000

1040 MUSKOKA Road, Gravenhurst, Ontario P1P1K6 is For Sale and has a listing price of 589,000. The property is located in the Gravenhurst neighbourhood. It's been on the website for 33 Days.

  • Other
    Property Type
  • MLS ID: 40680384
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
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. 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: 40680384
  • Price: $589,000
  • Transaction Types: For Sale
  • Ref ID: 27677660
  • Year Built: N/A
  • Property Type: Other
  • Property Type: Condo
  • Property Sub Category: Locker and Other
Price History
List Date MLS ID List Price Status End Date Closed Price
11/22/2024 X10454135 $589,000 For Sale - -
11/22/2024 40680384 $589,000 For Sale - -
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
  • $830,839 Average List Price
    based on 1 year
  • 27 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 198.75 % Up
  • Sold (12mo) 58
  • Rented (12mo) 10

  • 1 Month Change +42.7%
  • 3 Month Change +6.4%
  • 6 Month Change +18.4%
Walkscore
  • 69 Walk Score
    Somewhat Walkable
  • 44 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    66.82%
  • Commercial
    21.23%
  • Condo
    7.61%
  • Land for Sale
    4.34%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 22/11/2024 00:00:00
  • Zoning Ag1
  • Agent Name: Alexis Victor
  • Address Subdivision: Gravenhurst
  • Last Updated: 16/12/2024 05:20:47
Open House Dates
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