$1,399,000
75 Manitoba Street, Bracebridge, ON P1L 2B2
Property Description
Property type
Investment
Lot size
N/A
Style
Approx. Area
12716 Sqft
About 75 Manitoba Street
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!
Home Overview
Last updated
5 days ago
Virtual tour
None
Basement information
Building size
12716
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Manitoba Street

Book a Showing
Tour this home with Angela
I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.