For Sale

321 David Street, Gravenhurst, Ontario P1P 1L9

$1,249,000

321 David Street, Gravenhurst, Ontario P1P 1L9 is For Sale and has a listing price of 1,249,000. The property is located in the Gravenhurst neighbourhood . It's been on the website for 1 Day.

  • Fourplex
    Property Type
  • 7
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12748308
  • Office Name ROYAL HERITAGE REALTY LTD.
Property Description

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.

Property Details
  • Bedrooms: 7
  • MLS ID: X12748308
  • Bathrooms: 4
  • Price: $1,249,000
  • Lot Depth: 132
  • Transaction Types: For Sale
  • Ref ID: X12748308
  • View: City View, Direct Water View
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: BETHUNE/DAVID
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
02/02/2026 X12748308 $1,249,000 For Sale - -
07/31/2025 X12318470 $1,299,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Gravenhurst
  • $941,685 Average List Price
    based on 1 year
  • 36 New Listings
    based on 30 days
  • 55 Median Days on Market
    based on 1 year
  • List vs. Selling Price 175.23 % Up
  • Sold (12mo) 224
  • Rented (12mo) 33

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Vinyl Siding
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $8,270
  • Last Status New
  • Original Price: $1,249,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 02/02/2026 15:16:35
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