75 Manitoba Street Bracebridge (Macaulay), Ontario P1L 2B2
$1,299,000
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:49187)
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 | 12716 Sqft |
| 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
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August 11 2025 01:56:54
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage