Fourplex · For sale

99 Spencer Street, Bracebridge

$1,289,900

Listing brokerage: Harvey Kalles Real Estate Ltd. · MLS® X13719946

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

Harvey Kalles Real Estate Ltd.

Type

Fourplex

Deal

For sale

Category

Residential · Multi-unit homes

Bedrooms

8

Bathrooms

6

Size

3500-5000 sq ft

Lot

98 x 163 ft

Area

Monck (Bracebridge)

MLS® number

X13719946

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.