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$1,580,000
Available - For Sale
Listing ID: X10426203
Positive Cash Flow. Amazing Building! Discover An Exceptional Investment Opportunity With This Beautiful Newly Renovated Building. It Skillfully Blends Historic Charm With Modern Elegance. One Of The Nicest And Largest Buildings In Town. Located In The Busiest Part Of Town Convenient To Everything. Short Drive Or Walk To Lake Muskoka Harbour. Stroll Along The Boardwalk, Dine By The Water. Two Minute Walk To Gull Lake Park For A Swim Or Afternoon At The Beach. One Of Six Beaches In Town. Currently Set Up As Five Units, With Two Storefronts On The Main Floor, Two Stores Or Offices On The Second Floor. The Third Floor Is Set Up As A Furnished Two Bedroom Executive Suite Or Possibly An Air BNB With Space For Two Additional Bedrooms. You Could Also Have A Totally Different Configurations Of Two Or Three Story Levels. Possibilities are Endless With Approximately 2280 Sq/Ft Per Floor, It Allows You To (BTS) Build-To-Suit Any Future Tenants Requirements. There Is A Fourth Level Which Could Be Opened Up As A Loft And Create A 26 Cathedral Ceiling Over The Third Floor. Again Possibilities Are Endless. Current Owner Wishes To Stay And Would Lease The Second And Third Levels For One Year Or Will Vacate On Closing.
Extras:   Please Do Not Come Without An Appointment And Do Not Disturb The Current Tenants. Since the new owner will need to obtain an HST registration to collect HST on rental income, they will not be required to pay HST at closing.
Price $1,580,000
Taxes: $3,636.59
Tax Type: Annual
Occupancy by: Own+Ten
Address: 235 Muskoka Rd South , Gravenhurst, P1P 1J1, Ontario
Postal Code: P1P 1J1
Province/State: Ontario
Legal Description: *** See Extra Remarks***
Lot Size: 36 x 127 (Feet)
Directions/Cross Streets: Hotchkiss Rd And Muskoka Rd
Zoning: C1
Category: Multi-Use
Building Percentage: N
Total Area: 6,825
Total Area Code:  Sq Ft
Retail Area: 2280
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 B.J. ROTH REALTY LTD.

235 Muskoka Rd South , Gravenhurst, P1P 1J1, Ontario

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Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274

 
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Type: Com - Commercial/Retail
Area: Muskoka
Municipality: Gravenhurst
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Lot Size: 36.00 x 127.00(Feet)
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Tax: $3,636.59
Maintenance Fee: $0
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Freda Ziba
Century 21, Heritage Group LTD. , Brokerage
7330 Yonge Street
Thornhill , ON , L4J7Y7
 CONTACT FREDA ZIBA
Cell: 647-997-2120
Office: 905-764-7111
Email: fzibahomes@gmail.com