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$1,995,000
Available - For Sale
Listing ID: X12259008
Location Location Location! Solid Commercial-Residential Investment Opportunity with Substantial Improvements since 2021. Mixed Use Buildings, 10 AND 14 Manitoba Street, Total 10 units: 4-Retail Units, 6-Residential Apartments and 10 Parking Spaces. C3 Zoning. Large-scale, Substantial Updates to Systems and Equipment: Electrical, Plumbing, Furnaces, Heat Pumps, Gas Meters, Hydro Meters, Fire Compliance, Sewer Main. A detailed List of Interior and Exterior Improvements includes Kitchens, Bathrooms, Fixtures, Appliances, Flooring, Windows, Lighting, Exterior Steel Staircase, Commercial Unit Facades, Signage, Doors, Exterior Brick Re-pointing, Roofs, and Common Area updates. Full occupancy with established Commercial Tenants, Local Residential Vacancy Rate 0%. Reap the benefits of owners who set Quality Standards of Care and employed Professional Certified Trades. Ideal Business Location in Historical Downtown Bracebridge, steps from the Falls. The Town's Master Plan expands the downtown core with a large recreational waterfront steps from this location. The Town of Bracebridge is a growing lifestyle destination in Muskoka. Please contact the Listing Broker for more information. A detailed brochure is available. Savvy Investors will appreciate the scope of this offering.
Price $1,995,000
Taxes: $12,637
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 14 Manitoba Stre , Bracebridge, P1L 1R9, Muskoka
Postal Code: P1L 1R9
Province/State: Muskoka
Legal Description: PT LT 14 N OF RIVER WMR, 15 N OF RIVER W
Directions/Cross Streets: Manitoba Street and Ontario Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 8,354
Total Area Code:  Square Feet
Office/Appartment Area: 60
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: F
 Management Expense: 12000
Maintenance: 0
Vacancy Allowance: 0
Net Income Before Debt: $98711
Expenses Actual/Estimated: $Act
Sprinklers: No
Outside Storage: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Re/Max Hallmark Realty Limited

14 Manitoba Stre , Bracebridge, P1L 1R9, Muskoka


 
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Type: Com - Investment
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Macaulay
Style:
Lot Size: x 86.18(Feet)
Approximate Age:
Tax: $12,637
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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