Price ChangeFor Sale

75 Manitoba Street
Bracebridge, Muskoka, ON, P1L 2B2

Investment
TRREB
MLS® Number: X12263366
$1,299,000List Price
InvestmentProperty Type
12,716 sq ftSize
$7,820 / 2024Taxes (Annual)
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PRICE CHANGED
$1,299,000
Previously Listed For:
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Listing History

Buy/sell history for 75 Manitoba Street, Bracebridge, ON P1L 2B2

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Description

Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use asset delivers $93,974 in gross annual income and a solid 4.61% cap rate at list price. Featuring five distinct revenue streams: two street-front retail spaces and three residential suites (including one municipally subsidized unit) it produces over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The commercial storefront enjoys premium curb appeal and heavy foot traffic, while the fully occupied apartments offer stability with one below-market unit presenting an immediate value-add for its next owner. Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. Detailed, unit-by-unit financials are available upon request. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity!

Features

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Amenities

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Summary

Tax (Annual):$7,820 / 2024
Listing #:X12263366
Property Type:Investment
Size:12,716 sq ft
Land Size:33 x 182
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:REVEL Realty Inc., Brokerage

Rooms

Details

Property

Property Type:Investment
Community:Macaulay
Municipality:Muskoka

Building

Size:12,716 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Other

Land

Cross Street:Taylor / Manitoba St

$1,299,000

List price

75 Manitoba Street, Bracebridge – Investment for sale · MLS® # X12263366 | CPRB