$6,250,000
For sale: Multiplex

Great opportunity for Investment. Purchase a 24 Unit Apartment Building on approx 1.57 Acres of Land. 22 - 2 Bedroom and 2 - 1 Bedroom Units. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $12,186./yr and Hydro $2280./yr.
Sold data
Homes in Gravenhurst (Muskoka (S)) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 62, across 67 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $649,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 67 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Gravenhurst (Muskoka (S)) has 2 Fraser Institute–rated schools (1 elementary and 1 secondary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$6,900,000
Vacant Land76 COVERED BRIDGE TRAIL, Monck (Bracebridge), Bracebridge)

$6,188,000
Other100 ALCOVE DRIVE, Rural Tay, Tay

$5,990,000
Vacant Land105 MILL STREET E, Hillsdale, Springwater

$6,590,000
Other2976 HIGHWAY 11 EXPRESSWAY, Rural Oro-Medonte, Oro-Medonte

$6,200,000
Vacant Land808 CITY ROAD HIGHWAY 121 HIGHWAY, Fenelon, Kawartha Lakes

$5,888,000
Other23721 HIGHWAY 48, Baldwin, Georgina

$6,800,000
Other23702 KENNEDY ROAD, Belhaven, Georgina

$6,800,000
Vacant Land182 BOYERS ROAD, Keswick North, Georgina