
List Price: $1,499,900
75 Manitoba Street, Bracebridge, P1L 2B2
- By REVEL Realty Inc., Brokerage
Investment|MLS - #X12144150|New
Bed
Bath
12716 Sqft.
Outside/Surface Garage
Client Remarks
Attention savvy investors - welcome to 75 Manitoba Street, a professionally managed mixed-use property generating $93,974 in annual income and offering a rock-solid 4.3% cap rate at list price. This incredible asset features 5 income streams, including two commercial storefronts and three residential apartments, one of which is supported by a municipal housing subsidy. With $64,559 in net income and low operating overhead, this property offers consistent year-over-year returns and long-term upside. Commercial units have strong street exposure, while the residential units provide stable occupancy with below-market rent on Apt 2-creating a value-add opportunity for the next owner. Recent updates include professional repainting, fire safety upgrades, and ongoing maintenance. All major mechanicals serviced, and unit-by-unit income/expense details are available. If you're building a diversified, recession-resilient portfolio, look no further than 75 Manitoba Street!
Property Description
75 Manitoba Street, Bracebridge, P1L 2B2
Property type
Investment
Lot size
N/A acres
Style
Approx. Area
12716 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
12716
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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75 Manitoba Street, Bracebridge, P1L 2B2Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 75 Manitoba Street

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