75 MANITOBA STREET
Bracebridge, Ontario
MLS® X12947428
$1,199,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X12947428
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 20Listing description
VACANT MAIN FLOOR COMMERCIAL UNIT AVAILABLE find your own tenant or use it for yourself! Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use property delivers $93,974 in gross annual income and a solid 4.
61% cap rate at list price. Featuring five distinct revenue streams two street-front retail spaces and three residential suites (including one municipally subsidized unit)the property generates over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The main floor commercial unit is currently vacant, offering prime flexibility to occupy with your own business or establish new tenancy at market rent.
The second commercial storefront benefits from premium curb appeal and steady foot traffic, while the fully occupied apartments provide stability, with one below-market unit presenting immediate value-add potential. Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity!
Property summary
- MLS® number
- X12947428
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Square footage
- 3,000 sq ft
- Land size
- 33 x 182.33 FT
- Annual property taxes
- $7,820.00
- Days on market
- 172 days
Features & details
- Heating
- Other
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $1,199,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REVEL Realty Inc., Brokerage, Fonthill.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.