$1,249,000
11.96 BTC
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321 David Street, Gravenhurst
$1,249,000
PRICE
7
BEDROOMS
4
BATHROOMS
X12748308
MLSID

321 David Street, Gravenhurst

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.
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Summary

Address
321 David Street
Community
MLSID
X12748308
Property Type
Fourplex
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
4
Zoning
RM-1
Taxes (Annual)
$8,270.00
Tax Year
2025
Published
February 2, 2026
Days on Market
1 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, Arts Centre, Hospital, Greenbelt/Conservation, Lake/Pond, School
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
Basement
None
Exterior Features
Landscaped, Porch, Year Round Living, Privacy
Interior Features
None
Parking Spaces
8
Parking Total
8
Parking Features
Available, Private, Reserved/Assigned
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
66 Feet
Lot Depth
132 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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