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Renanza Realty
For sale

99 SPENCER STREET

Bracebridge (Monck (Bracebridge)), Ontario

MLS® X13719946

$1,289,900

Status
Active
Property type
Multi-family
MLS® number
X13719946
Bedrooms
8
Bathrooms
6
Year built

Listing 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.

Property summary

MLS® number
X13719946
Property type
Multi-family
Building type
Fourplex
Land size
98 x 163 FT
Annual property taxes
$7,669.34
Parking
6 spaces · No Garage, Shared
Days on market
21 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Partially finished, Full, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Exterior features
Vinyl siding
Lot features
Sloping, Flat site, Level

What would this home cost you?

Based on the $1,289,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,002 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Harvey Kalles Real Estate Ltd., PORT CARLING.

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.