Bracebridge, ON P1L 1H7,25 Alexandra ST
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Bracebridge, ON P1L 1H7,25 Alexandra ST
Bracebridge, ON P1L 1H7,25 Alexandra ST
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$ 2,980,000
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25 Alexandra ST Bracebridge, ON P1L 1H7

2 SqFt


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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


Listed by ED LOWE LIMITED
agent

Alex Cleyn

Agent

+1(647) 629-2434

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25 Alexandra ST