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$ 1,999,000
Est. payment /mo
Active
210 MAPLE STREET Bracebridge (macaulay), ON P1L1N2
12 Beds
12 Baths
4,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,999 sqft
Price per Sqft $399
Subdivision Macaulay
MLS® Listing ID X11957270
Bedrooms 12
Originating Board Toronto Regional Real Estate Board
Property Sub-Type Freehold
Property Description
This 12-unit multiplex in Bracebridge, ON, presents a prime investment opportunity with a desirable unit mix: one studio, five one-bedroom apartments, and six two-bedroom apartments. Built in the early 1970s and well-maintained with a 10-year-old roof, the property features all-inclusive leases, ensuring steady rental income with minimal management. Residents benefit from on-site coin laundry, visitor parking, and an extra vehicle fee for additional revenue. The building is equipped with a 60G hot water tank, two boilers, and cleaned air handlers for efficiency. Conveniently located near downtown Bracebridge and the Muskoka River, the property offers tenants easy access to local amenities while being positioned for future appreciation, with a proposed townhouse development next door. Additionally, there is potential to expand with additional units, further enhancing long-term value (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling Ventilation system
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by HOMELIFE/ROMANO REALTY LTD.