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25 Alexandra Street Bracebridge, Ontario P1L 1H7

2 ac
None Hot Water Acreage

$3,360,000

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:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12636902
Property Type Multi-family
Community Name Macaulay

Building

CoolingType None
HeatingFuel Electric
HeatingType Hot Water
SizeInterior 2 Ac
Type Multi-family
UtilityWater Municipal Water

Land

Acreage Yes
SizeIrregular 2.023
SizeTotal 2.023 Ac
SizeTotalText 2.023 Ac
ZoningDescription R4, Ep1

https://www.realtor.ca/real-estate/29190129/25-alexandra-street-bracebridge-macaulay-macaulay

Interested?

Contact us for more information


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Bruce Brown
Salesperson


Ed Lowe Limited
47 Mills Road #6
Barrie, Ontario L4N 6H4

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