368 Manitoba Street, Bracebridge, ON P1L 2C7

$499,000
9
BD
5
BA
3,500
SqFt

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List Price
$499,000
MLS#
X13656226
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
9
Bathrooms
5
Living Area
3500-5000
Province
ON
Municipality
Bracebridge
Area
Muskoka
Neighborhood
Macaulay
Subdivision
Manitoba/Monck

Property Description

Excellent investment opportunity in the heart of downtown Bracebridge. This well-located two-storey multiplex offers five residential apartments with approximately 4,620 sq. ft. of total living space, within walking distance of downtown shops, restaurants, services and amenities. The building features a versatile mix of units, including two 2-bedroom apartments, two 1-bedroom apartments and one spacious 3-bedroom apartment. Main-floor Units 5 and 6 feature raised ceilings, adding to the sense of space. A shared vestibule provides convenient on-site laundry with washer and dryer, while a large front-yard parking area offers ample parking for residents. Unit 5 is heated by a forced-air natural gas furnace and features central air conditioning, while the remaining four units are heated by electric baseboard. Tenants are responsible for their own heat and hydro, helping to keep operating expenses manageable. With five residential units, substantial square footage, on-site parking and a convenient downtown location, this property offers an attractive opportunity for investors looking to expand their multi-residential portfolio.

Additional Information

Taxes
$7,195
Water
Water System
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Kitchens
5
Exterior
Vinyl Siding, Metal/Steel Siding
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
20
Parking Type
Front Yard Parking

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Calculator source: Real Geeks

Listing courtesy of Chestnut Park Real Estate.