For Sale

$2,800,000.00

624 CEDAR LANE Lane , Bracebridge, Ontario P1L1H7

Remarks

Investment opportunity to own this newly built 3 level residential 9 plex in Bracebridge. Units are not rented and will have a February 2021 occupancy date. Five 1- bedroom apartments and four 2-bedroom apartments. Projected gross rent of $175,200. Each unit is finished with beautiful granite countertops in the kitchen and bathrooms. High quality laminate and ceramic tile flooring. Exterior is maintenance free stone and vinyl siding. Air conditioned and natural gas heat for each unit. All units are metered separately for hydro, water and natural gas. ICF foundation with Flagstone decks . Paved parking. Building footprint is 34ftx68ft per floor. Current assessment and taxes are for vacant land only. Very central to shopping, schools, and easy access to the highway. Collect your rent and watch property values rise in this AAA location. (id:27)

Property Summary

  • Lot Frontage: 95.0 Feet
  • Floor Space (approx): 4200.00
  • Built in: 2020
  • Zoning: R4

Property Features:

  • Access Type:
    []
  • Amenities Nearby:
    Schools , Shopping
  • Equipment Type:
    None
  • Features:
    Southern exposure
  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    None
  • Sewer:
    Municipal sewage system

Building Features:

  • Basement Development:
    Finished
  • Basement Type:
    Full
  • Construction Style - Attachment:
    Detached
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Stone , Vinyl siding
  • Fire Protection:
    Smoke Detectors
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Fred Aitken - Broker

 
Map
Neighbourhood Info
Brenda Rynard

Brenda Rynard

Sales Representative

Phone:  705.645.5257

Cell:  705.644.2489

Fax:  705.645.1238

Ed Rynard

Ed Rynard

Sales Representative

Cell:  705.646.3297

Royal LePage Lakes Of Muskoka, Brokerage (Independently owned and operated)

100 West Mall ROAD
Bracebridge,  ON P1L 1Z1

Get More Info

Get More Info

Book a tour