25 Alexandra Street Bracebridge (Macaulay), Ontario P1L 1H7
$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:41954)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12179714 |
| Property Type | Multi-family |
| Community Name | Macaulay |
Building
| Heating Fuel | Electric |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 2 Ac |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Irregular | 2.023 |
| Size Total | 2.023 Ac |
| Size Total Text | 2.023 Ac |
| Zoning Description | R4, Ep1 |
https://www.realtor.ca/real-estate/28380532/25-alexandra-street-bracebridge-macaulay-macaulay
Interested?
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May 29 2025 08:23:12
Toronto Real Estate Board
Ed Lowe Limited, Sutton Group Incentive Realty Inc.