127 Manitoba Street, Bracebridge, ON
Property no longer active
This property was sold on February 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 7 Bathrooms with 6 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 56 x 132 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- Efficient radiant heating via gas
Description
This six-unit investment property offers an excellent opportunity in the heart of Bracebridge, Ontario. Ideally located within a short distance of downtown and a nearby park, it combines convenience with income potential. The building features four spacious one-bedroom apartments and two cozy bachelor units, all currently tenanted, ensuring immediate revenue. Additional amenities include a coin-operated laundry room for tenant convenience and ample storage space. With its prime location and functional layout, this property is perfect for investors seeking a reliable income stream in a desirable area. Don't miss out on this promising opportunity in the heart of Muskoka! **EXTRAS** 6x Refrigerator, 6x Stove, 1x Washer, 1x Dryer
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Property Summary
This multiplex located at 127 Manitoba Street, Bracebridge is currently for sale and has been available on SousaSells for 595 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 4 beds, 7 bathrooms, and is 3000-3500 square feet. 127 Manitoba Street, Bracebridge is in the Macaulay neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 127 Manitoba Street, Bracebridge, ON P1L 2B7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bracebridge, ON
For a property listed at $599,900 in Bracebridge, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. As this listing is in Bracebridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.