210 Maple ST new

Bracebridge,ON P1L 1N2

$ 1999000

12 Beds

12 Baths

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Macaulay

MLS Listing ID X11957270

Style 2-Storey

Bedrooms 12

Annual Tax Amount $14,882

Tax Year 2024

Property Description

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

Location

Province ON

County Muskoka

Community Macaulay

Area Muskoka

Rooms

Basement Finished

Kitchen 12

Interior

Interior Features Ventilation System

Cooling None

Exterior

Parking Features None

Garage Spaces 12.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Concrete Block

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