Listed by Royal Heritage Realty Ltd..

321 David Street is a Fourplex, 2-Storey and is currently for Sale @ $1,249,000. Taxes in 2025 were $8,270.00.

More homes for sale under 1.2M in Gravenhurst

Cash-Flow Positive Turnkey 4-Plex Investment Near Gull Lake, Gravenhurst. The 2-Storey on 321 David Street has 7 bedrooms, 4 bathrooms, and is located on a 132 x 66 ft loton .50-1.99 acres in the community of Muskoka (S) . 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.

4 fridges/4 stoves/4 washers/4 dryers/4 hot water tanks; 3, 2 bedroom and 1 wheel chair accessible bedroom unit

The address 321 David Street was listed for sale (MLS# X12748308) on Sunday, February 01, 2026.