25 Alexandra ST new Save Request In-Person Tour Request Virtual Tour
Bracebridge,ON P1L 1H7
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