For Sale

75 Manitoba Street, Bracebridge, Ontario P1L 2B2

$1,299,000

75 Manitoba Street, Bracebridge, Ontario P1L 2B2 is For Sale and has a listing price of 1,299,000. The property is located in the Bracebridge neighbourhood . It's been on the website for 51 Days.

  • MLS ID: X12263331
  • Office Name REVEL Realty Inc., Brokerage
Property Description

Introducing 75 Manitoba Street, a turnkey, professionally managed mixed-use investment delivering $90K+ in annual gross revenue and a 4.6% cap rate at list price. This versatile asset boasts five distinct income streams: two commercial units and three residential suites (including one municipally subsidized unit). After expenses, you’ll enjoy over $64K in net operating income with exceptionally low overhead, providing steady, year-over-year returns and long-term appreciation. The retail spaces offer prime curb appeal and foot traffic, while the apartments maintain full occupancy with one unit currently rented below market rates, presenting an immediate value-add for the next owner. Recent improvements include fresh exterior painting, upgraded fire-safety systems, and mechanical servicing. Detailed, unit-by-unit financials are available upon request. For investors seeking a diversified, recession-resilient addition to their portfolio, 75 Manitoba Street is your premier opportunity.

Property Details
  • MLS ID: X12263331
  • Price: $1,299,000
  • Lot Depth: 182.33
  • Transaction Types: For Sale
  • Ref ID: X12263331
  • Year Built: N/A
  • Dir / Cross St: Taylor/Manitoba
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
07/04/2025 X12263331 $1,299,000 For Sale - -
07/04/2025 X12263366 $1,299,000 For Sale - -
05/13/2025 X12144150 $1,499,900 For Sale - -
05/13/2025 X12145419 $1,499,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bracebridge
  • $862,474 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 151 Median Days on Market
    based on 1 year
  • List vs. Selling Price 148.56 % Up
  • Sold (12mo) 71
  • Rented (12mo) 15

  • 1 Month Change +8.6%
  • 3 Month Change -33.6%
  • 6 Month Change +13.4%
Walkscore
  • - Walk Score
    Car-Dependent
  • 14 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Other
  • Garage Type Y
  • Taxes: $7,820
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 04/07/2025 17:42:39
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