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75 Manitoba ST Bracebridge, ON P1L 2B2
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $466
Subdivision Macaulay
MLS Listing ID X12263331
Annual Tax Amount $7,820
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 33.0
Lot Depth 182.33
Others
Security Features No
Listed by REVEL Realty Inc., Brokerage