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$1,299,000
Available - For Sale
Listing ID: X12263366
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!
Price $1,299,000
Taxes: $7,820
Tax Type: Annual
Occupancy by: Tenant
Address: 75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka
Postal Code: P1L 2B2
Province/State: Muskoka
Legal Description: PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE
Directions/Cross Streets: Taylor / Manitoba St
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
Category: Retail
Building Percentage: T
Total Area: 12,716
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Maintenance: 0
Heat Type: Other
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Macaulay
Style:
Lot Size: x 182.00(Feet)
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Tax: $7,820
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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