75 Manitoba Street Bracebridge, Ontario P1L 2B2
$1,399,000
Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use asset delivers $93,974 in gross annual income and a solid 4.61% cap rate at list price. Featuring five distinct revenue streams: two street-front retail spaces and three residential suites (including one municipally subsidized unit) it produces over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The commercial storefront enjoys premium curb appeal and heavy foot traffic, while the fully occupied apartments offer stability with one below-market unit presenting an immediate value-add for its next owner. Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. Detailed, unit-by-unit financials are available upon request. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity! (id:53086)
Property Details
| MLS® Number | X12263366 |
| Property Type | Business |
| Community Name | Macaulay |
| Amenities Near By | Highway, Public Transit |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Other |
| Size Exterior | 12716 Sqft |
| Size Interior | 12,716 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 182 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | Bldg=33 X 182 Ft |
| Size Total Text | Bldg=33 X 182 Ft |
| Zoning Description | Com 3 |
https://www.realtor.ca/real-estate/28559873/75-manitoba-street-bracebridge-macaulay-macaulay
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 04 2025 06:27:28
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage