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25 Alexandra Street Bracebridge, Ontario P1L 1H7

2 Acres
Hot Water Radiator Heat Acreage

$2,980,000

Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner. (id:56991)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12179714
Property Type Multi-family
Community Name Macaulay

Building

FireplacePresent No
HeatingFuel Electric
HeatingType Hot Water Radiator Heat
SizeInterior 2 Acres
Type Multi-family
UtilityWater Municipal Water

Land

Acreage Yes
SizeIrregular 2.023
SizeTotal 2.023 Ac
SizeTotalText 2.023 Ac
ZoningDescription R4, Ep1

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