Bracebridge, ON P1L 2B2,75 Manitoba ST
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Bracebridge, ON P1L 2B2,75 Manitoba ST
Bracebridge, ON P1L 2B2,75 Manitoba ST
Bracebridge, ON P1L 2B2,75 Manitoba ST
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$ 1,399,000
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75 Manitoba ST Bracebridge, ON P1L 2B2

12,716 SqFt


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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,716 sqft

Price per Sqft $110

Subdivision Macaulay

MLS Listing ID X12263366

Annual Tax Amount $7,820

Tax Year 2024

Property Sub-Type Investment

Lot Depth 182.0

Lot Front 33.0

Property Description

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!

Location

Province ON

County Muskoka

Community Macaulay

Area Muskoka

Rooms

Kitchen 0

Interior

Cooling Partial

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 33.0

Lot Depth 182.0

Building

New Construction false


Listed by REVEL Realty Inc., Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

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75 Manitoba ST