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    For Sale - 321 David Street, Gravenhurst, Ontario

    Est payment $5,998/mo
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    Views   2
    Time on Jump  58 day

    AI Summary *

    • Fully tenanted 4-plex providing positive cash flow from day one.
    • Three spacious 2-bedroom units and one accessible 1-bedroom unit available.
    • Modern, low-maintenance living with open-concept layouts in each unit.
    • Located in a quiet area close to schools, parks, and amenities.
    • Eight on-site parking spots for residents and guests.




    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.
    Listing IDX12748308
    Address321 David Street
    CityGravenhurst, Ontario
    Price$1,249,000
    Bed / Bath7 / 4 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOutdoor Features Landscaped, Porch, Year Round Living, PrivacyAmenities Beach, Arts Centre, Hospital, Greenbelt/Conservation, Lake/Pond, SchoolOwnership FreeholdViews City, Forest, Trees/WoodsWaterfront WaterfrontCommunityBasement NoneFoundation SlabHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 8.00
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    Listing Agency:  ROYAL HERITAGE REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    321 David Street
    Gravenhurst , Ontario
    7 4 $1,249,000
    Get more info