$1,995,000
Available - For Sale
Listing ID: X12259008
14 Manitoba Stre , Bracebridge, P1L 1R9, Muskoka
| Location Location Location! Solid Commercial-Residential Investment Opportunity with Substantial Improvements since 2021. Mixed Use Buildings, 10 AND 14 Manitoba Street, Total 10 units: 4-Retail Units, 6-Residential Apartments and 10 Parking Spaces. C3 Zoning. Large-scale, Substantial Updates to Systems and Equipment: Electrical, Plumbing, Furnaces, Heat Pumps, Gas Meters, Hydro Meters, Fire Compliance, Sewer Main. A detailed List of Interior and Exterior Improvements includes Kitchens, Bathrooms, Fixtures, Appliances, Flooring, Windows, Lighting, Exterior Steel Staircase, Commercial Unit Facades, Signage, Doors, Exterior Brick Re-pointing, Roofs, and Common Area updates. Full occupancy with established Commercial Tenants, Local Residential Vacancy Rate 0%. Reap the benefits of owners who set Quality Standards of Care and employed Professional Certified Trades. Ideal Business Location in Historical Downtown Bracebridge, steps from the Falls. The Town's Master Plan expands the downtown core with a large recreational waterfront steps from this location. The Town of Bracebridge is a growing lifestyle destination in Muskoka. Please contact the Listing Broker for more information. A detailed brochure is available. Savvy Investors will appreciate the scope of this offering. |
| Price | $1,995,000 |
| Taxes: | $12637.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 14 Manitoba Stre , Bracebridge, P1L 1R9, Muskoka |
| Postal Code: | P1L 1R9 |
| Province/State: | Muskoka |
| Legal Description: | PT LT 14 N OF RIVER WMR, 15 N OF RIVER W |
| Directions/Cross Streets: | Manitoba Street and Ontario Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 8354.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 60 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Management Expense: | 12000 |
| Vacancy Allowance: | 0 |
| Net Income Before Debt: | $98711 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Re/Max Hallmark Realty Limited |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Macaulay |
| Tax: | $12,637 |
| Fireplace: | N |
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