Thursday, October 8th, 2026

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$779,000
Available - For Sale
Listing ID: X13794444
PURPOSE-BUILT RENTAL DEVELOPMENT OPPORTUNITY | HUNTSVILLE, MUSKOKAPosition your next multifamily development in the heart of Muskoka. This 1.32-acre property at 60 Yonge Street South is approved for 16 residential units across two identical eight-unit rental buildings, with access to municipal water, sewer and public transit. The project is permit-ready; only payment of the building permit fee remains before issuance.With development approvals secured, the project provides investors and developers an established design to advance toward construction. The planned housing is intended to serve a range of residents, including seniors, families and the local workforce, with four units designed for accessibility.The building plans emphasize energy efficiency and durability, combining post-and-beam construction with Structural Insulated Panels (SIPs), wall assemblies exceeding R-50, and radiant in-floor heating within polished concrete floors.The project may qualify for the District of Muskoka's Muskoka Affordable Housing Initiatives Program (MAHIP), with potential grant funding of up to $100,000 per unit-representing up to $1.6 million across all 16 units, subject to program eligibility, funding availability and approval for each qualifying unit. Additional potential incentives include head-lease arrangements and development charge waivers where applicable.The project may also be eligible for CMHC MLI Select financing, offering the potential for attractive financing terms and extended amortization, subject to applicable program requirements and approval.An opportunity for builders, multifamily investors and rental housing developers to advance an approved 16-unit project in Huntsville.
Price $779,000
Taxes: $580
Tax Type: Annual
Occupancy by: Vacant
Address: 60 YONGE Street South , Huntsville, P1H 1T6, Muskoka
Postal Code: P1H 1T6
Province/State: Muskoka
Legal Description: PT BLK A PL M528 HUNTSVILLE PT 2 ON 35R2
Directions/Cross Streets: Main St West to Young St South
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Designated
Total Area: 1.32
Total Area Code:  Acres
Area Influences: Greenbelt/Conse   Major Highway
Maintenance: 0
Sewers: None
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Asking Price: $ Heating: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL REALTY INC.

60 YONGE Street South , Huntsville, P1H 1T6, Muskoka

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Land
Area: Muskoka
Municipality: Huntsville
Neighbourhood: Huntsville
Style:
Lot Size: x 277.30(Feet)
Approximate Age:
Tax: $580
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com