25 ALEXANDRA STREET, Bracebridge, Ontario, P1L 1H7

$3,360,000

MLS® # X12636902

Investment For Sale In Bracebridge, Ontario

$3,360,000

Property Information:

Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5,331/yr and Hydro $1,516/yr. Tenant pays utilities. Common are payable by Owner. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2 ac
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 2 Square Feet
  • Irregular: Yes
  • Lot Size: 2.02 Acres
  • Zoning: R4, EP1

Courtesy of: ED LOWE LIMITED, SUTTON GROUP INCENTIVE REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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