For Sale - 99 Spencer Street, Bracebridge, Ontario

Est payment $6,194/mo
Views   2
Time on Jump  53 day
  • Fully tenanted 4-plex with excellent income potential in a prime location.
  • Spacious main floor owner’s unit featuring vaulted ceilings and a fireplace.
  • Additional units offer private decks and balconies for tenant enjoyment.
  • Ample parking and a flat yard enhance the property’s appeal.
  • Upgraded systems and utilities provide efficiency and convenience for tenants.



Immaculately renovated and beautifully appointed with a uniquely functional and practical layout, this large in-town bracebridge 4-plex exudes the kind of pride of ownership rarely found in a rental property. Fully tenanted with excellent income, and situated right in the heart of town within walking distance of downtown and the new library and arena. Central, yet tucked away on the corner of 2 quieter streets. The main floor presents an ideal owner's unit with vaulted ceilings, sound-dampening insulation, fireplace, and beautiful bathroom with nice finishes. Secondary main floor 2 bedroom 1. 5 bath unit has its own deck. Upper unit is a 3 bedroom 1. 5 bathroom with private balcony. Lower level 3 bedroom 1 bathroom unit has a walk-up to backyard and 2 living areas, one with fireplace. Ample parking. Zoned r4-19. Flat property with good sized yard. 4 separate hydro meters, upgraded 400 amp service with 4 x 100 amp panels. Gas furnace. On-site coin-operated laundry in communal area. Superb value for a savvy investor seeking a full-occupancy, turnkey rental operation in a fantastic location. Full municipal services including water, sewer, and gas. Lakeland fibre optic internet availability. Owned mechanicals. Integrated fire alarm system with wifi monitoring. Wifi-controlled thermostat. Walking distance to public transit. 7% cap rate.
Listing IDX13719946
Address99 Spencer Street
CityBracebridge, Ontario
Price$1,289,900
Bed / Bath8 / 6 Full
Style1 1/2 Storey, Fourplex
ConstructionVinyl Siding
Land Size12896
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water HeaterOutdoor Features DeckAmenities Hospital, Library, Park, Place Of Worship, Public Transit, SlopingOwnership FreeholdBasement Apartment, Full, Separate Entrance, Walk-Up, Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Brokerage: Harvey Kalles Real Estate Ltd.

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99 Spencer Street
Bracebridge , Ontario
8 6 $1,289,900
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