624 CEDAR LANE Lane , Bracebridge Ontario P1L1H7

Sale $2,800,000.00  | 
Listing # 40051736
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Office Listing:

Fred Aitken, Broker

Brenda Rynard

Brenda Rynard

Sales Representative

Phone: 705.645.5257
Fax: 705.645.1238
Cell: 705.644.2489

brynard@royallepage.ca
www.sellmuskoka.com
Ed Rynard

Ed Rynard

Sales Representative


Cell: 705.646.3297

rynard@royallepage.ca
www.sellmuskoka.com

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

Brokerage

100 West Mall ROAD
Bracebridge,  ON P1L 1Z1

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)

Investment

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