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$ 579,000
Est. payment | /mo
5 Beds
3 Baths
1,628 SqFt
$ 579,000
Est. payment | /mo
5 Beds
3 Baths
1,628 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,628 sqft
Price per Sqft $355
Subdivision Muskoka (S)
MLS Listing ID X12355185
Bedrooms 5
Building Age 51-99
Annual Tax Amount $2,340
Tax Year 2025
Property Sub-Type Investment
Property Description
TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living.
Location
Province ON
County Muskoka
Community Muskoka (S)
Area Muskoka
Rooms
Kitchen 0
Interior
Cooling Partial
Exterior
Community Features Recreation/Community Centre
Utilities Available Unknown
Lot Frontage 66.0
Lot Depth 132.0
Building
New Construction false
Others
Security Features No
Listed by Re/Max Professionals North
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