75 Manitoba Street, Bracebridge, ON P1L 2B2

  • $1,499,900
75 Manitoba Street, Bracebridge, ON P1L 2B2
  • X12144150
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 12716
  • Sqft
Active For Sale
75 Manitoba Street, Bracebridge, ON P1L 2B2
75 Manitoba Street, Bracebridge, ON P1L 2B2
  • $1,499,900

Description

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!

Details

MLS® Number
X12144150
Property Size
12716 Sqft
Updated on May 13, 2025 at 7:26 pm

Additional details

  • Utilities: Yes
  • Cooling: Partial
  • County: Muskoka
  • Property Type: Commercial Sale
  • Community Features: Major Highway,Public Transit

Address

  • Address 75 Manitoba Street
  • City Bracebridge
  • State/county ON
  • Zip/Postal Code P1L 2B2
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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