
List Price: $1,399,000
75 Manitoba Street, Bracebridge, P1L 2B2
- By REVEL Realty Inc., Brokerage
Store W Apt/Office|MLS - #X12263331|New
Bed
Bath
3000 Sqft.
None Garage
Client Remarks
Introducing 75 Manitoba Street, a turnkey, professionally managed mixed-use investment delivering $90K+ in annual gross revenue and a 4.6% cap rate at list price. This versatile asset boasts five distinct income streams: two commercial units and three residential suites (including one municipally subsidized unit). After expenses, you'll enjoy over $64K in net operating income with exceptionally low overhead, providing steady, year-over-year returns and long-term appreciation. The retail spaces offer prime curb appeal and foot traffic, while the apartments maintain full occupancy with one unit currently rented below market rates, presenting an immediate value-add for the next owner. Recent improvements include fresh exterior painting, upgraded fire-safety systems, and mechanical servicing. Detailed, unit-by-unit financials are available upon request. For investors seeking a diversified, recession-resilient addition to their portfolio, 75 Manitoba Street is your premier opportunity.
Property Description
75 Manitoba Street, Bracebridge, P1L 2B2
Property type
Store W Apt/Office
Lot size
N/A acres
Style
Approx. Area
3000 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
3000
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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