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CAONBracebridge75 Manitoba St
75 Manitoba St, Home with 0 bedrooms, 0 bathrooms and null parking in Bracebridge ON | Image 1
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$1,499,900

75 Manitoba St, Bracebridge, ON

Real Estate

For Sale

$X
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $7,820
Days Active 42
Approx. Age 
MLS® Number X12144150

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Attention savvy investors - welcome to 75 Manitoba Street, a professionally managed mixed-use property generating $93, 974 in annual income and offering a rock-solid 4.3% cap rate at list price. This incredible asset features 5 income streams, including two commercial storefronts and three residential apartments, one of which is supported by a municipal housing subsidy. With $64, 559 in net income and low operating overhead, this property offers consistent year-over-year returns and long-term upside. Commercial units have strong street exposure, while the residential units provide stable occupancy with below-market rent on Apt 2-creating a value-add opportunity for the next owner. Recent updates include professional repainting, fire safety upgrades, and ongoing maintenance. All major mechanicals serviced, and unit-by-unit income/expense details are available. If you're building a diversified, recession-resilient portfolio, look no further than 75 Manitoba Street!Show Description
MLS® NumberX12144150
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/CPartial
Heating Fuel

Extras

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