43 Wellington Street Bracebridge, Ontario P1L 1E8
$479,000
Investment Opportunity!!! A Triplex with very good income is situated in a prime central Bracebridge close to amenities, schools and transportation ensuring a strong rental demand. The 2,500 sq. ft. building has one 3-bedroon unit with 2 baths; two 2-bedroom with 1 bathroom in each and a attached garage on 66 ft. by 124 ft. lot with R3 zoning. The building has aluminum siding, a metal roof and parking for 6 vehicles. The annual revenue is $52,800 with an excellent CAP rate of 9.2%. Whether you're a experienced investor or new to the market with skills to renovate, this property has steady income and great potential for long term for long term growth. Don't miss out on this rare opportunity. The building is being sold in "As Is" condition. (id:56991)
Property Details
| MLS® Number | X12344526 |
| Property Type | Multi-family |
| Community Name | Macaulay |
| AmenitiesNearBy | Place Of Worship |
| CommunityFeatures | School Bus |
| EquipmentType | Water Heater |
| Features | Level |
| ParkingSpaceTotal | 7 |
| RentalEquipmentType | Water Heater |
| Structure | Deck, Porch |
| ViewType | Lake View |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Range, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding |
| FireplacePresent | No |
| FoundationType | Block |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Place Of Worship |
| Sewer | Septic System |
| SizeDepth | 132 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 132 Ft |
| SizeTotalText | 66 X 132 Ft |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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August 14 2025 05:33:51
The Lakelands Association of REALTORS®
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