Description

Prime in-town multi-residential development opportunity in the heart of Gravenhurst. Zoned Residential Multiple One (RM-1), permitting a wide range of residential uses including single detached, semi-detached, and multi-unit dwellings. A special provision allows for the potential development of up to five residential units. Take advantage of the newly announced 13% HST rebate program and strong rental demand in the growing Gravenhurst market. Ideally located just steps to Gull Lake Park and within close proximity to Independent Grocer, downtown amenities, and waterfront attractions. Municipal water and sewer services are available at the road. Excellent opportunity for builders, developers, or investors seeking a manageable multiplex project in Muskoka. The property is within Gravenhurst Community Improvement Program (CIP) boundary, could eligible for CIP funds, please consult city for more info. Seller may consider Vendor Take Back (VTB) financing for qualified buyers, providing added flexibility in today's lending environment. Go Direct.

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