75 Manitoba Street, Bracebridge, ON Image 1

$1,399,000

Store W Apt/Office For Sale
MLS - #X12263331
4 days ago- By REVEL Realty Inc., Brokerage

75 Manitoba Street, Bracebridge, ON P1L 2B2

Bed
Bath
3000 Sqft.
None Garage

Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

Approx. Area

3000 Sqft

About 75 Manitoba Street

Introducing 75 Manitoba Street, a turnkey, professionally managed mixed-use investment delivering $90K+ in annual gross revenue and a 4.6% cap rate at list price. This versatile asset boasts five distinct income streams: two commercial units and three residential suites (including one municipally subsidized unit). After expenses, you'll enjoy over $64K in net operating income with exceptionally low overhead, providing steady, year-over-year returns and long-term appreciation. The retail spaces offer prime curb appeal and foot traffic, while the apartments maintain full occupancy with one unit currently rented below market rates, presenting an immediate value-add for the next owner. Recent improvements include fresh exterior painting, upgraded fire-safety systems, and mechanical servicing. Detailed, unit-by-unit financials are available upon request. For investors seeking a diversified, recession-resilient addition to their portfolio, 75 Manitoba Street is your premier opportunity.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

3000

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
139900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 75 Manitoba Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Manitoba Street

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