$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.

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⚠ Potential Investment Performance

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Market Price Trends

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

Lifestyle
Neighbourhood

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