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$1,499,900
Available - For Sale
Listing ID: X12144150
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!
Price $1,499,900
Taxes: $7,820
Tax Type: Annual
Occupancy by: Tenant
Address: 75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka
Postal Code: P1L 2B2
Province/State: Muskoka
Legal Description: PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE
Directions/Cross Streets: Taylor / Manitoba St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: T
Total Area: 12,716
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: F
 Management Expense: 8400
Maintenance: 0
Water Expense: $1800
Net Income Before Debt: $64559
Expenses Actual/Estimated: $Est
Heat Type: Other
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

75 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Macaulay
Style:
Lot Size: x 182.00(Feet)
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Tax: $7,820
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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