25 Alexandra Street Bracebridge, Ontario P1L 1H7

2 Acres
None Baseboard Heaters Acreage

$3,360,000

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:35492)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12636902
Property Type Multi-family
Community Name Macaulay

Building

Cooling Type None
Heating Type Baseboard Heaters
Size Interior 2 Acres
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/29190129/25-alexandra-street-bracebridge-macaulay-macaulay

Contact Us

Contact us for more information

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Bruce Brown
Salesperson

(705) 726-3871

Ed Lowe Limited
47 Mills Road #6
Barrie, Ontario L4N 6H4

(705) 726-3871
(705) 726-8260
edlowerealestate.com/

Carole Perron
Salesperson

(705) 739-1300

Sutton Group Incentive Realty Inc.
241 Minet's Point Road, 100153
Barrie, Ontario L4N 4C4

(705) 739-1300

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