$1,350,000
8.32 BTC
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321 David Street, Gravenhurst
$1,350,000
PRICE
7
BEDROOMS
4
BATHROOMS
X12318470
MLSID

321 David Street, Gravenhurst

Turnkey 4-Plex Investment Opportunity Near Gull Lake Gravenhurst. Exceptional opportunity to own a purpose-built 4-plex just minutes from beautiful Gull Lake in the heart of Gravenhurst. Built in 2020, this well-maintained income property features 3 spacious 2-bedroom units and 1 bright wheel chair accessible 1-bedroom unit, each designed for modern, low-maintenance living. Each unit offers open-concept layouts, full kitchens, in-suite laundry, and private entrances. The building is separately metered for electricity allowing for tenant-paid heat, and includes ample parking for residents and guests. With strong rental demand in this sought-after Muskoka location, this property is ideal for investors seeking steady cash flow and long-term growth. Ask about the Rent Control Exemption for Newer Units (Post-November 15, 2018). Located in a quiet, established neighbourhood close to schools, parks, and downtown amenities. A rare investment gem just 5 years new and ready to generate returns from day one. Taxes for 2024 = $8,131.34
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Summary

Address
321 David Street
Community
MLSID
X12318470
Property Type
Fourplex
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
4
Zoning
RM-1
Taxes (Annual)
$8,269.92
Tax Year
2025
Published
July 31, 2025
Days on Market
16 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

4 fridges/4 stoves/4 washers/4 dryers/4 hot water tanks; 3, 2 bedroom and 1 wheel chair accessible bedroom unit

Details

Property Features
Beach, Greenbelt/Conservation, Lake/Pond, Wooded/Treed, School, Park
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Lower Level
Bathroom 4
3-Piece Lower Level
Parking Spaces
8
Parking Total
8
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
67 Feet
Lot Depth
131 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL HERITAGE REALTY LTD.
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