368 Manitoba Street
Macaulay, Bracebridge, P1L 2C7
FOR SALE
$499,000
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9
BEDROOMS 5
BATHROOMS 5
KITCHENS 20
ROOMS X13656226
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Property Description
Excellent investment opportunity in the heart of downtown Bracebridge. This well-located two-storey multiplex offers five residential apartments with approximately 4,620 sq. ft. of total living space, within walking distance of downtown shops, restaurants, services and amenities. The building features a versatile mix of units, including two 2-bedroom apartments, two 1-bedroom apartments and one spacious 3-bedroom apartment. Main-floor Units 5 and 6 feature raised ceilings, adding to the sense of space. A shared vestibule provides convenient on-site laundry with washer and dryer, while a large front-yard parking area offers ample parking for residents. Unit 5 is heated by a forced-air natural gas furnace and features central air conditioning, while the remaining four units are heated by electric baseboard. Tenants are responsible for their own heat and hydro, helping to keep operating expenses manageable. With five residential units, substantial square footage, on-site parking and a convenient downtown location, this property offers an attractive opportunity for investors looking to expand their multi-residential portfolio.
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Property Features
Hospital, Place Of Worship, Public Transit, School Bus Route, Library, School, Separate Hydro Meter, Separate Heating Controls, Water Heater Owned, Front Yard Parking, None, None
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Property Details
Address
368 Manitoba Street
Community
City
Postal Code
P1L 2C7
Property Type
Multiplex, Multiplex
Zoning
R4-39
Lot Size
100' x 180'
Acreage
0.4 Feet
Taxes
$7,195 (2025
Basement
None
Exterior
Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
20
Garage Type
None
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Listing contracted with Chestnut Park Real Estate
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