711 Muskoka 3 Rd N

Are you looking for a great investment property? This well-maintained triplex offers flexibility, functionality and numerous recent improvements. Unit 1 is a comfortable 2-bedroom, 1-bathroom apartment featuring fresh paint, a full attic for excellent storage, a new heating system installed in 2021, and a new fridge and stove in 2026. A new 4' x 10' deck welcomes you at the main entrance. Unit 2 is a 1-bedroom basement apartment with an open-concept kitchen and living area, heated separately by electric baseboard. Major basement renovations were completed between 2019 and 2021 included new electrical and plumbing systems, as well as a new sewage ejector tank and pump. A new interior weeping tile basement drainage system was also installed in 2019. Unit 3 is a bright 1-bedroom, 1-bathroom apartment with abundant natural light and a spacious kitchen/dining area. Renovated in 2019, it features a new standalone gas fireplace for heating. Additional updates include new architectural shingles on Unit 3 and the connecting breezeway in 2021, while the main building was reshingled in 2015. Units 2 and 3 received new electric water heaters in 2025, and new eavestroughs with heated de-icing cables were installed on all three units in 2026. Outside, there is ample parking for tenants and guests. The drive shed shown on the survey was removed under a demolition permit in 2026. With multiple recent upgrades and three separate living spaces, this is an excellent opportunity to own a versatile income-producing property. Book your showing today!