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$1,999,000
Available - For Sale
Listing ID: X11957270
This 12-unit multiplex in Bracebridge, ON, presents a prime investment opportunity with a desirable unit mix: one studio, five one-bedroom apartments, and six two-bedroom apartments. Built in the early 1970s and well-maintained with a 10-year-old roof, the property features all-inclusive leases, ensuring steady rental income with minimal management. Residents benefit from on-site coin laundry, visitor parking, and an extra vehicle fee for additional revenue. The building is equipped with a 60G hot water tank, two boilers, and cleaned air handlers for efficiency. Conveniently located near downtown Bracebridge and the Muskoka River, the property offers tenants easy access to local amenities while being positioned for future appreciation, with a proposed townhouse development next door. Additionally, there is potential to expand with additional units, further enhancing long-term value
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $99,950 $199,900 $299,850 $399,800
First Mortgage $1,899,050 $1,799,100 $1,699,150 $1,599,200
CMHC/GE $52,223.88 $35,982 $29,735.13 $0
Total Financing $1,951,273.88 $1,835,082 $1,728,885.13 $1,599,200
Monthly P&I $8,357.15 $7,859.51 $7,404.68 $6,849.25
Expenses $0 $0 $0 $0
Total Payment $8,357.15 $7,859.51 $7,404.68 $6,849.25
Income Required $313,393.3 $294,731.77 $277,675.54 $256,846.86

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HOMELIFE/ROMANO REALTY LTD.

210 Maple Stre , Bracebridge, P1L 1N2, Muskoka

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Macaulay
Style: 2-Storey
Lot Size: x 307.55(Feet)
Approximate Age:
Tax: $14,882
Maintenance Fee: $0
Beds: 12
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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