Introducing 75 Manitoba Street, a turnkey, professionally managed mixed-use investment delivering $90K+ in annual gross revenue and a 4.6% cap rate at list price. This versatile asset boasts five distinct income streams: two commercial units and three residential suites (including one municipally subsidized unit). After expenses, you'll enjoy over $64K in net operating income with exceptionally low overhead, providing steady, year-over-year returns and long-term appreciation. The retail spaces offer prime curb appeal and foot traffic, while the apartments maintain full occupancy with one unit currently rented below market rates, presenting an immediate value-add for the next owner. Recent improvements include fresh exterior painting, upgraded fire-safety systems, and mechanical servicing. Detailed, unit-by-unit financials are available upon request. For investors seeking a diversified, recession-resilient addition to their portfolio, 75 Manitoba Street is your premier opportunity.
Address
75 Manitoba Street
List Price
$1,299,000
MLS® Status
Price Change
Expiration Date
2026-01-04
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
For Sale
Area
Bracebridge
Sub-Area
Macaulay
Region
Muskoka
Lot Size Source
MPAC
Lot Depth
182.33
Lot Type
Lot
Lot Size Units
Feet
Lot Width
33
Parcel Number
481150256
Total Building Area
3000
Occupant Type
Tenant
Cross Street
Taylor/Manitoba
MLS® Number
X12263331
Listing Brokerage
REVEL Realty Inc., Brokerage
Basement
Yes
Postal Code
P1L 2B2
Posession Details
Flexible
Tax Amount
$7,820.00
Tax Year
2025
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Other
Cooling Features
Partial
Garage Type
None
Tax Legal Description
PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE AS IN DM231275 T/W DM231275; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Security Features
No