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Presenting an exceptional opportunity for first time home buyers to live in one unit while earning income from the other. Or an exceptional multi-family investment opportunity, for investors looking to add to their portfolio. Nestled in the charming town of Gravenhurst, Ontario, this multi-unit home is in a great neighborhood, steps to Ungerman Gateway Park, Muskoka Bay and Downtown Gravenhurst. Completed in 2019, these suites feature 9 ceilings throughout. Boasting distinct entrances for each unit and a garage accompanying each, it offers convenience and comfort. The main floor unit, a cozy 2-bedroom layout, caters perfectly to small families or couples. Featuring a lavishly appointed bathroom with modern fixtures and a fully equipped kitchen boasting stainless steel appliances, it ensures a delightful living experience. Spacious living and dining areas, along with a separate entrance, grant added privacy and functionality. The second unit, a spacious 3-bedroom haven, encompasses two sleek bathrooms, including a luxurious principal ensuite. It's stylish kitchen, equipped with stainless steel appliances. Expansive living and dining spaces, coupled with a separate entrance for residents' convenience, epitomize refined living. This multi-unit home presents an unparalleled opportunity for new first time home buyers looking to enter the market. Offering a reliable income stream and promising long-term appreciation, it calls for savvy investors to seize this remarkable addition to their real estate portfolio.
City: Gravenhurst
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 26, 2023 | 118 | $869,000 | N/A | Expired | X7044548 |
Purchase Price | $799000 |
Down Payment | $159800 |
Mortgage Insurance | $0 |
Total Mortgage | $639200 |
Mortgage Payment | $3939 |
Property Taxes | $466 |
Maintenance Fees | $0 |
Monthly Payment | $4405 |
Sold Comparables homes near 640 Wagner St, Gravenhurst
Located at 640 Wagner St , this Gravenhurst house is available for sale. This property was listed for $799,000 on Sat May 04 2024. This house's size is 2500-3000 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Family, Dining, Prim Bdrm, 2nd Br, 3rd Br, Kitchen, Family, Dining, Br, 2nd Br. This property comes with 6 parking spots.
MLS#: X8275224 · $799,000 · 5 bedroom house in Gravenhurst