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For sale
  • C$1,249,000

    321 David St, Gravenhurst, ON P1P 1L9

    7beds
    4baths
    Quadruplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Open-concept layoutFull kitchenIn-suite laundryPrivate entranceQuiet established neighbourhood
    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.
    25 days
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    34
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    1
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    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2026 at 02:36pm

    Listed by:

    ROYAL HERITAGE REALTY LTD.

    Source: TRREB,MLS®#: X12748308MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • None
    • Basement: None
    • Has fireplace: No
    Interior area
    • Living area range: 3500-5000 null

    Property

    Parking
    • Total spaces: 8
    • Parking features: Available, Private, Assigned
    Features
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Landscaped, Year Round Living, Privacy, Public Dock
    • Pool features: None
    • Has view: Yes
    • View description: City, Forest, Trees/Woods
    • Water view: Obstructive
    • Waterfront features: WaterfrontCommunity, Lake
    • Body of water: Gull Lake
    Lot
    • Size: 8,712 Square Feet
    • Features: Beach, Arts Centre, Hospital, Greenbelt/Conservation, Lake/Pond, School
    • Topography: Dry,Flat
    Details
    • Additional structures: None
    • Parcel number: 481850082

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Gravenhurst

    Financial & listing details

    • Tax assessed value: C$603,000
    • Annual tax amount: C$8,270
    • Date on market: 2/2/2026
    ROYAL HERITAGE REALTY LTD.

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    Price history

    Price history

    Price history is unavailable.

    Public tax history

    Public tax history
    Tax history is unavailable.

    Climate risks

    Neighborhood: P1P

    Getting around

    78 / 100
    Very Walkable
    52 / 100
    Bikeable

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.

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