Homes for sale - 148 Park RD, Bracebridge, ON P1L 1H9

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Fawad Nissari

eXp Realty

fawad.nissari@exprealty.com +1(416) 878-1085

$ 749,900

Est. payment | -/mo

5 Beds

5 Baths

Save Virtual Tour

$ 749,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Macaulay

MLS Listing ID X12104211

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,718

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Attention investors!!! Affectionally known as "The Barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the Fall of 2022. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 AMP panel and gas furnace. This unit will be vacant upon closing. Unit 2: 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. This unit is vacant and is being updated. The old Rent was $903.50/month. The market rent for the unit once renovated is estimated to be $1250.00/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater. Rent is $922.50/month. Unit 4: 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $903.50. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/month. This unit is a stand alone unit at #150 Park Road. A newer rental hot water heater (rental) services all the units with the exception of #150 Park Road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial MayTag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.

Location

Province ON

County Muskoka

Community Macaulay

Area Muskoka

Rooms

Family Room No

Basement Finished, Full

Kitchen 5

Interior

Interior Features Other

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Metal

Lot Frontage 77.3

Lot Depth 143.8

Total Parking Spaces 5

Building

Unit Features School

Foundation Concrete

Others

Virtual Tour https://unbranded.youriguide.com/148_park_rd_bracebridge_on/

Listed by RE/MAX Professionals North

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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148 Park RD Bracebridge, ON P1L 1H9