148 Park Rd

Bracebridge, ON P1L 1H9
  • $649,000

    Price
  • 5

    Bed
  • 5

    Bath
  • 1,100

    SqFt

About the Listing 549102 -

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. The 4 units in the main building have been recently remodelled and have newer appliances. 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: This unit was recently updated. 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. The rent is $1250/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater (2022). Rent is $1300/month. Unit 4: This unit was recently updated. 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $1150/month. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $800/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 and there are 5 dedicated parking spaces as well. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage. With four of the five units renovated, this building produces strong income.

Listing Highlights

Status Active
Days on Site 79
Property Type Multi-Family
MLS ® X13054532
Year Built
Total Square Footage 1,100
Lot/Acreage N/A
County Muskoka
Neighborhood Macaulay

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall Unit(s)
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other: 5 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Metal
  • Others: School,Public Transit
  • Sewer: Sewer
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $4,934
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 481130110
  • Tax Year: 2026

Payment Calculator

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Questions About..

148 Park Rd Bracebridge, ON P1L 1H9

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