$1,289,900
Available - For Sale
Listing ID: X13719946
99 Spencer Street , Bracebridge, P1L 1C4, Muskoka
| Immaculately renovated and beautifully appointed with a uniquely functional and practical layout, this large in-town Bracebridge 4-plex exudes the kind of pride of ownership rarely found in a rental property. Fully tenanted with excellent income, and situated right in the heart of town within walking distance of downtown and the new library and arena. Central, yet tucked away on the corner of 2 quieter streets. The main floor presents an ideal owner's unit with vaulted ceilings, sound-dampening insulation, fireplace, and beautiful bathroom with nice finishes. Secondary main floor 2 bedroom 1.5 bath unit has its own deck. Upper unit is a 3 bedroom 1.5 bathroom with private balcony. Lower level 3 bedroom 1 bathroom unit has a walk-up to backyard and 2 living areas, one with fireplace. Ample parking. Zoned R4-19. Flat property with good sized yard. 4 separate hydro meters, upgraded 400 amp service with 4 x 100 amp panels. Gas furnace. On-site coin-operated laundry in communal area. Superb value for a savvy investor seeking a full-occupancy, turnkey rental operation in a fantastic location. Full municipal services including water, sewer, and gas. Lakeland fibre optic internet availability. Owned mechanicals. Integrated fire alarm system with wifi monitoring. Wifi-controlled thermostat. Walking distance to public transit. 7% cap rate. |
| Price | $1,289,900 |
| Taxes: | $7669.34 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 99 Spencer Street , Bracebridge, P1L 1C4, Muskoka |
| Acreage: | < .50 |
| Directions/Cross Streets: | Wellington & Dill |
| Rooms: | 12 |
| Rooms +: | 6 |
| Bedrooms: | 5 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 2 | Main |
| Washroom Type 4 | 2 | Upper |
| Washroom Type 5 | 3 | Upper |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Fourplex |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Mutual |
| Pool: | None |
| Other Structures: | Fence - Partia |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Harvey Kalles Real Estate Ltd. |
|
|
Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Monck (Bracebridge) |
| Style: | 1 1/2 Storey |
| Approximate Age: | 51-99 |
| Tax: | $7,669.34 |
| Beds: | 5+3 |
| Baths: | 6 |
| Fireplace: | Y |
| Pool: | None |
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