ON > Bracebridge > Macaulay
Bracebridge, ON P1L 1H9,148 Park RD
Bracebridge, ON P1L 1H9,148 Park RD
Bracebridge, ON P1L 1H9,148 Park RD
Bracebridge, ON P1L 1H9,148 Park RD
Bracebridge, ON P1L 1H9,148 Park RD
Bracebridge, ON P1L 1H9,148 Park RD
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Claudio Castro

Claudio Castro

+1(416) 937-6109
$ 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

Zoning R2

Rooms

Family Room No

Basement Finished, Full

Kitchen 5

Interior

Interior Features Other

Cooling Wall Unit(s)

Inclusions Fridge and stove in all units. Small hot water tank and cook top in Apartment 5, snowblower, lawnmower (as-is), hot tub.

Exterior

Pool None

Roof Type Metal

Lot Frontage 77.3

Lot Depth 143.8

Total Parking Spaces 5

Building

Foundation Concrete

Others

Senior Community No

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

Listed by RE/MAX Professionals North
agent

LSV GROUP

Phone

+1(416) 937-6109

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148 Park RD