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Attention investors!!! Affectionally known as "The Barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the Fall of 2022. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 AMP panel and gas furnace. This unit will be vacant upon closing. Unit 2: 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. This unit is vacant and is being updated. The old Rent was $903.50/month. The market rent for the unit once renovated is estimated to be $1250.00/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater. Rent is $922.50/month. Unit 4: 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $903.50. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/month. This unit is a stand alone unit at #150 Park Road. A newer rental hot water heater (rental) services all the units with the exception of #150 Park Road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial MayTag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.
Fridge and stove in all units. Small hot water tank and cook top in Apartment 5, snowblower, lawnmower (as-is), hot tub.
City: Bracebridge
Neighborhood: Macaulay
Purchase Price | $749900 |
Down Payment | $149980 |
Mortgage Insurance | $0 |
Total Mortgage | $599920 |
Mortgage Payment | $3697 |
Property Taxes | $393 |
Maintenance Fees | $0 |
Monthly Payment | $4090 |
Located at 148 Park Rd , this Bracebridge house is available for sale. This property was listed for $749,900 on Fri Apr 25 2025. This house's size is 1100-1500 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Bathroom, Utility, Laundry, Kitchen, Living, Br, Bathroom, Kitchen, Living, Dining, Br, Bathroom, Kitchen, Living, Br, Bathroom, Kitchen, Living, Br, Bathroom, Loft. This property comes with 5 parking spots. 148 Park Rd, Bracebridge is situated in the Macaulay neighbourhood.
MLS#: X12104211 · $749,900 · 5 bedroom house in Macaulay, Bracebridge