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$3,360,000

Bracebridge ON, P1L 1H7

MLS® # X12636902

Property Information:

Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5,331/yr and Hydro $1,516/yr. Tenant pays utilities. Common are payable by Owner. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2 ac
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 2 Square Feet
  • Irregular: Yes
  • Lot Size: 2.02 Acres
  • Zoning: R4, EP1

Courtesy of: ED LOWE LIMITED, SUTTON GROUP INCENTIVE REALTY INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 25 ALEXANDRA STREET, Bracebridge, Ontario, P1L 1H7

Demographic Information of 25 ALEXANDRA STREET, Bracebridge, Ontario, P1L 1H7

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,182.00

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.81 %

High school certificate or equivalent

30.53 %

Apprenticeship trade certificate/diploma

7.97 %

College/non-university certificate

29.01 %

University certificate (below bachelor)

2.04 %

University Degree

17.64 %

Commuter

Travel To Work

By Car

92.32 %

By Public Transit

0.0 %

By Walking

0.64 %

By Bicycle

0.0 %

By Other Methods

7.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.48 %

Houses

80.52 %

Own Vs. Rent