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.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
0-5
Total Approx Floor Area:
3500-5000
Lot Size:
.50-1.99
Lot Depth:
132'40.2 m
Lot Frontage:
66'20.1 m
Topography:
Dry, Flat
Direction Faces:
South
Bedrooms:
7
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
7
Kitchens Above Grade:
4
Rooms Above Grade:
18
Fractional Ownership:
No
Zoning:
RM-1
Assignment:
No
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Slab
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
None
Parking Features:
Available, Private, Reserved/Assigned
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
No
Possession Details:
FLEXIBLE
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$603,000
Assessment Year:
2025
Development Charges Paid:
No
Taxes:
$8,270 /
2025
Assessment:
$603,000.00 /
2025
Muskoka
Gravenhurst
Muskoka (S)
Beach, Arts Centre, Hospital, Greenbelt/Conservation, Lake/Pond, School
None
Landscaped, Porch, Year Round Living, Privacy
Carbon Monoxide Detectors, Smoke Detector
4 fridges/4 stoves/4 washers/4 dryers/4 hot water tanks; 3, 2 bedroom and 1 wheel chair accessible bedroom unit
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