Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use asset delivers $93,974 in gross annual income and a solid 4.61% cap rate at list price. Featuring five distinct revenue streams: two street-front retail spaces and three residential suites (including one municipally subsidized unit) it produces over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The commercial storefront enjoys premium curb appeal and heavy foot traffic, while the fully occupied apartments offer stability with one below-market unit presenting an immediate value-add for its next owner. Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. Detailed, unit-by-unit financials are available upon request. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate 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
Investment
Transaction Type
For Sale
Area
Bracebridge
Sub-Area
Macaulay
Region
Muskoka
Lot Size Source
MPAC
Lot Depth
182
Lot Type
Building
Lot Size Units
Feet
Lot Width
33
Total Building Area
12716
Occupant Type
Tenant
Cross Street
Taylor / Manitoba St
MLS® Number
X12263366
Listing Brokerage
REVEL Realty Inc., Brokerage
Basement
Yes
Postal Code
P1L 2B2
Posession Details
Flexible/Immediate
Tax Amount
$7,820.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Other
Cooling
No
Cooling Features
Partial
New Construction
No
Garage Type
Outside/Surface
Tax Legal Description
PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE AS IN DM231275 T/W DM231275; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA