75 MANITOBA STREET

Bracebridge (Macaulay), , P1L2B2, Canada

$1,499,900

Attention savvy investors - welcome to 75 Manitoba Street, a professionally managed mixed-use property generating $93,974 in annual income and offering a rock-solid 4.3% cap rate at list price. This incredible asset features 5 income streams, including two commercial storefronts and three residential apartments, one of which is supported by a municipal housing subsidy. With $64,559 in net income and low operating overhead, this property offers consistent year-over-year returns and long-term upside. Commercial units have strong street exposure, while the residential units provide stable occupancy with below-market rent on Apt 2-creating a value-add opportunity for the next owner. Recent updates include professional repainting, fire safety upgrades, and ongoing maintenance. All major mechanicals serviced, and unit-by-unit income/expense details are available. If you're building a diversified, recession-resilient portfolio, look no further than 75 Manitoba Street!

Last updated on : Tuesday 13th of May 2025 05:10:49 PM

ADDRESS

Street : 75 MANITOBA STREET

City : Bracebridge (Macaulay)

Country : Canada

Postal Code : P1L2B2

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PROPERTY SUMMARY

Property ID : X12144150

Building Type : Other

Property Type : Business

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