99 SPENCER STREET, Bracebridge (Monck (Bracebridge)), Ontario, P1L1C4

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For sale, ID#: X13719946
99 SPENCER STREET
Bracebridge (Monck (Bracebridge)) Ontario
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5 + 3 Beds
6 Bath (4 full, 2 half)
$1,289,900

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. (id:2471)

Representative
Scott Therrien
Scott TherrienSales Representative
BALL Real Estate Inc., Brokerage - Norwood
Property Details
  • Property Address: 99 SPENCER STREET, Bracebridge (Monck (Bracebridge)), Ontario, P1L1C4
  • Community Name: Monck (Bracebridge)
  • Property Type: Multi-family
  • Zoning Description: R4-19
  • Lot Size: 98 x 163 FT
  • Acreage: 98 x 163 FT|under 1/2 acre
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Access: Public Road, Year-round access
  • Driveway: No Garage, Shared
  • Total Parking Spaces: 6
  • Amenities Nearby: Hospital, Park, Place of Worship, Public Transit
Structure Details
  • Structure Style: Fourplex
  • Storeys: 1.5
  • Floor Space: 3500 - 5000 sqft
  • Building Age: 51 to 99 years
  • Bedrooms: 5 + 3
  • Bathrooms: 6-Total 2-Partial
  • Basement Type: N/A, Full, N/A, N/A, N/A (Partially finished)
  • Heating Type: Natural gas, Forced air
  • Cooling: None
  • Exterior Type: Vinyl siding
  • Fireplace Present: True
  • Foundation Type: Concrete
  • Appliances Included: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
  • Structures: Deck
Amenities / Features
  • Sloping
  • Flat site
  • Level
Neighbourhood Information

Listing Offices: Harvey Kalles Real Estate Ltd.

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