$ 1,289,900
-
$1,289,900
Price -
8
Bed -
6
Bath -
3,500
SqFt
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About the Listing 545800 -
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces: Electric
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Full,Separate Entrance,Walk-Up,Partially Finished
- Other: Accessory Apartment,In-Law Capability,Primary Bedroom - Main Floor,Separate Hydro Meter,Upgraded Insulation,Water Heater Owned,Water Heater,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Deck,Hospital,Library,Park,Place Of Worship,Public Transit,Sloping
- Sewer: Sewer
- Parking Features: Front Yard Parking,Mutual,Unreserved,No Garage
Financial Details
- Tax Amount: $7,669
- Taxes w/Assessments: N/A
- Tax/Property ID: 481700249
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
99 Spencer St Bracebridge, ON P1L 1C4
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