$ 1,299,000
-
$1,299,000
Price -
0
Bed - Bath
-
3,000
SqFt
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About the Listing 344730 -
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.
Listing Highlights for 75 Manitoba St
Status
Active
Days on Site
68
Property Type
Commercial Sale
MLS ®
X12263331
Year Built
Total Square Footage
3,000
Lot/Acreage
6017
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Partial
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $7,820
- Taxes w/Assessments: N/A
- Tax/Property ID: 481150256
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
75 Manitoba St Bracebridge, ON P1L 2B2
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