99 Spencer Street,Bracebridge, ON P1L 1C4
Bracebridge, ON P1L 1C4
Description
Immaculately renovated and beautifully appointed with a uniquely functional and practical layout, this large in-town Bracebridge 4-plex exudes the kind of pride of ownership rarely found in a rental property. Fully tenanted with excellent income, and situated right in the heart of town within walking distance of downtown and the new library and arena. Central, yet tucked away on the corner of 2 quieter streets. The main floor presents an ideal owner's unit with vaulted ceilings, sound-dampening insulation, fireplace, and beautiful bathroom with nice finishes. Secondary main floor 2 bedroom 1.5 bath unit has its own deck. Upper unit is a 3 bedroom 1.5 bathroom with private balcony. Lower level 3 bedroom 1 bathroom unit has a walk-up to backyard and 2 living areas, one with fireplace. Ample parking. Zoned R4-19. Flat property with good sized yard. 4 separate hydro meters, upgraded 400 amp service with 4 x 100 amp panels. Gas furnace. On-site coin-operated laundry in communal area. Superb value for a savvy investor seeking a full-occupancy, turnkey rental operation in a fantastic location. Full municipal services including water, sewer, and gas. Lakeland fibre optic internet availability. Owned mechanicals. Integrated fire alarm system with wifi monitoring. Wifi-controlled thermostat. Walking distance to public transit. 7% cap rate.
Details
| MLS # | X13719946 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 10 |
| Listing Provided By | Harvey Kalles Real Estate Ltd. | X13719946 545800 |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.37 |
Interior
| Interior Features | Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Heater |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Features | Electric |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Deck |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete |
| Topography | Flat, Level |
| Construction Materials | Vinyl Siding |
| Security Features | Carbon Monoxide Detectors, Smoke Detector, Other, Monitored |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Front Yard Parking, Mutual, Unreserved |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 7669.34 |
|---|---|
| Tax Assessed Value | 512000 |
| Tax Legal Description | PT LT 64 PL 2 MONCK PT 1, 35R13388; S/T DM246951; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Muskoka |
| City | Bracebridge |
| Postal Code | P1L 1C4 |
| Area | Monck (Bracebridge) |
| Listing VS Median (in P1L 1C4) | |
Price: $1,289,900 low | high Med: $0 On site: 10 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Muskoka |
| City | Bracebridge |
| Postal Code | P1L 1C4 |
| Area | Monck (Bracebridge) |
| Listing VS Median (in P1L 1C4) | |
Price: $1,289,900 low | high Med: $0 On site: 10 low | high Med: | |
