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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 2B2
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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