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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$599,000
Available - For Sale
Listing ID: X9284660
1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario


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 opportunities.
Extras:   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
Price $599,000
Taxes: $5774.26
Tax Type: Annual
Assessment: $426000
Assessment Year: 2024
Occupancy by: Vacant
Address: 1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario
Postal Code: P1P 1K6
Province/State: Ontario
Legal Description: LT 16EMR PL 5 GRAVENHURST; GRAVENHURST ;
Lot Size: 66.00 x 165.00 (Feet)
Directions/Cross Streets: Muskoka Rd. S / First St. S
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 10872.00
Total Area Code:  Sq Ft
Area Influences: Major Highway  
Financial Statement: Y
Chattels: Y
Franchise: N
Sprinklers: Y
Washrooms: 4
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Milad Akrami
Sales Representative
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647-678-7799
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood:
Style:
Lot Size: 66.00 x 165.00(Feet)
Approximate Age:
Tax: $5,774.26
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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