321 David St

Gravenhurst, ON P1P 1L9
  • $1,249,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 3,500

    SqFt

About the Listing 226915 -

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 Highlights

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® X12748308
Year Built
Total Square Footage 3,500
Lot/Acreage N/A
County Muskoka
Neighborhood Muskoka (S)

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: 4 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Shingle
  • Others: Landscaped,Porch,Year Round Living,Privacy
  • Sewer: Sewer
  • Parking Features: Available,Private,Reserved/Assigned

Financial Details

  • Tax Amount: $8,270
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 481850082
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

321 David St Gravenhurst, ON P1P 1L9

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way