Salehian.com 647-325-5000

60 YONGE Street S

Huntsville, Huntsville, P1H 1T6

$779,000

Reduced $70,900 from $849,900

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Listed 34 days ago · MLS® X13794444

About this home

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.

Details

Type
Land
Lot
284.23 × 277.3 ft
Property tax
$580 (2026)
Neighbourhood
Huntsville
Municipality
Huntsville

Heating, cooling and services

Utilities
Available

Building and exterior

Building area
1 Acres

More

Possession
IMMED
Cross street
Main St West to Young St South

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 3 cafés and restaurants, 1 park. Nearest park: Avery Beach Park (700 m).

Schools nearby

Elementary

  • Huntsville Public School1.3 km
  • Saint Mary's School Catholic
    EQAO: Gr 6 reading 69%, math 25%    1.4 km
  • Pine Glen Public School
    EQAO: Gr 6 reading 76%, math 52%    1.8 km

Secondary

  • Huntsville High School
    EQAO: Gr 9 math 54%, literacy test 82%    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area P1H

Owners / renters
80% / 20%
Median household income
$82,000
Average age
47
Children under 15
13%
Homes
78% detached, 1% high-rise
Commute by transit
0%
Population
18,099

Languages spoken most at home besides English: Gujarati 0.1%, German 0.1%, Punjabi (Panjabi) 0.1%, Tagalog (Pilipino, Filipino) 0.1%.

Safety

Crime Severity Index for Huntsville (OPP): 27 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REVEL REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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