163 Wellington Street, Bracebridge, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $695,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 70 x 104 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Other
- Efficient baseboard heating via electric
Description
Nestled in one of Bracebridges most sought-after locations, 163 Wellington Street presents a rare opportunity to own a well-maintained triplex in the vibrant core of town. This 3-storey property offers over 2,800 square feet of finished living space across three spacious units, all currently occupied by long-term tenantsmaking it an ideal turnkey investment.Situated just steps from downtown Bracebridge, tenants enjoy convenient walking access to shops, restaurants, parks, and essential amenities, enhancing the propertys rental appeal. The building is set on a flat, dry lot with a private driveway offering ample parking for up to eight vehicles. Each unit is separately metered for hydro, adding to operational ease for investors.With municipal services, this triplex combines solid financials with long-term potential in a growing Muskoka market. Whether you're expanding your portfolio or entering the investment property space, this offering delivers location, stability, and value.
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Property Summary
This triplex located at 163 Wellington Street, Bracebridge is currently for sale and has been available on SousaSells for 433 days. This property is listed at $695,000 with an estimated mortgage of $2,313* per month. It has 6 beds, 3 bathrooms, and is 2500-3000 square feet. 163 Wellington 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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Separate Hydro Meter, Other
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 163 Wellington Street, Bracebridge, ON P1L 1C2
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 $695,000 in Bracebridge, the legal minimum down payment is $44,500 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 $10,375 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 $10,375.
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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.