Bracebridge, ON P1L 1H7,25 Alexandra ST
Bracebridge, ON P1L 1H7,25 Alexandra ST
Bracebridge, ON P1L 1H7,25 Alexandra ST
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$2,980,000
Est. payment /mo
2 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $1,490,000

Subdivision Macaulay

MLS Listing ID X12179714

Annual Tax Amount $16,154

Tax Year 2024

Property Sub-Type Investment

Property Description

Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner.

Location

Province ON

County Muskoka

Community Macaulay

Area Muskoka

Zoning R4, EP1

Interior

Cooling No

Exterior

Utilities Available Yes


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Listed by ED LOWE LIMITED

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agent

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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