321 David Street Gravenhurst (Muskoka (S)), Ontario P1P 1L9
$1,249,000
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. (id:49187)
Property Details
| MLS® Number | X12748308 |
| Property Type | Multi-family |
| Community Name | Muskoka (S) |
| Amenities Near By | Beach, Hospital, Schools |
| Equipment Type | None |
| Features | Flat Site, Conservation/green Belt, Dry |
| Parking Space Total | 8 |
| Rental Equipment Type | None |
| Structure | Porch |
| View Type | City View |
| Water Front Name | Gull Lake |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 0 To 5 Years |
| Appliances | Water Meter, Dryer, Water Heater, Stove, Washer, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Access Type | Public Docking |
| Acreage | No |
| Land Amenities | Beach, Hospital, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 132 Ft |
| Size Total Text | 66 X 132 Ft|1/2 - 1.99 Acres |
| Soil Type | Mixed Soil |
| Surface Water | Lake/pond |
| Zoning Description | Rm-1 |
https://www.realtor.ca/real-estate/29312269/321-david-street-gravenhurst-muskoka-s-muskoka-s
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February 02 2026 04:14:25
Toronto Real Estate Board
Royal Heritage Realty Ltd.