Comparable Market Analysis

14 Manitoba Street, Bracebridge, Ontario P1L 1R9 Listing

14 Manitoba St Bracebridge

MLS®#: X12259008 List Price: $1,995,000 /For Sale Sold Price: $1,827,000 /For Sale

Sold / Commercial / Investment

Muskoka/Bracebridge/Macaulay Sold Date: 08/01/2025 Tax Amt/Yr:

$12,637.00/2025/Annual Transaction:

Sale

No

29

SPIS:

DOM

PT LT 14 N OF RIVER WMR, 15 N OF RIVER WMR, 16 N OF RIVER WMR PL 6 BRACEBRIDGE AS IN DM322903 (SECONDLY) & PT 1 & 3, 35R17718; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Legal Desc:

Apartment

Apts-6 To 12 Units

Category:

Use:

120

Link:

Holdover Franchise: Possession:

Freestanding: Yes

No

Tenant

Occupant:

Zoning: C3 Dir/Cross St: Manitoba Street and Ontario Street

481140337

441801000306300

Contact After Exp: No

PIN #:

ARN #:

Possession Date: 2025-07-31

Possession:

8,354 Square Feet 60 Percentage 40 Percentage

Survey: Yes Lot/Bldg/Unit/Dim: Building 62.75 x 86.18Feet Lot Irreg L-shape: Rect. Structure + Parking Lot %Bldg: 100 Water: Municipal Sewers: Sanitary A/C: Yes Garage Type: Other Energy Cert No

No No No

Total Area: Ofc/Apt Area: Retail Area: Winterized:

Soil Test:

Out Storage: Basement: Assessment:

Fully

2025

Gas Forced Air Closd

Yes

Heat:

Chattels: Area Infl:

Phys Hdcp-Eqp: No Sprinklers:

Major Highway, Public Transit

No Sprinklers

Yes

Utilities:

Commercial/Financial Information

2024

Financial Statement: Yes

For Year:

Actual/Estimate: Actual Taxes:

$157,138

Heat: Water: Other:

Gross Inc/Sales: Vacancy Allow: Operating Expenses: Net Inc B4 Debt:

Est Val Inv At Cost: Com Area Upcharge:

$9,904.00 $12,000.00

$0

Insurance: Maintenance:

Term Min Rent: Term Max Rent:

$98,711.0

Remarks/Directions

Location Location Location! Solid Commercial-Residential Investment Opportunity with Substantial Improvements since 2021. Mixed Use Buildings, 10 AND 14 Manitoba Street, Total 10 units: 4-Retail Units, 6-Residential Apartments and 10 Parking Spaces. C3 Zoning. Large-scale, Substantial Updates to Systems and Equipment: Electrical, Plumbing, Furnaces, Heat Pumps, Gas Meters, Hydro Meters, Fire Compliance, Sewer Main. A detailed List of Interior and Exterior Improvements includes Kitchens, Bathrooms, Fixtures, Appliances, Flooring, Windows, Lighting, Exterior Steel Staircase, Commercial Unit Facades, Signage, Doors, Exterior Brick Re-pointing, Roofs, and Common Area updates. Full occupancy with established Commercial Tenants, Local Residential Vacancy Rate 0%. Reap the benefits of owners who set Quality Standards of Care and employed Professional Certified Trades. Ideal Business Location in Historical Downtown Bracebridge, steps from the Falls. The Town's Master Plan expands the downtown core with a large recreational waterfront steps from this location. The Town of Bracebridge is a growing lifestyle destination in Muskoka. Please contact the Listing Broker for more information. A detailed brochure is available. Savvy Investors will appreciate the scope of this offering.

Client Rmks:

Chattel List will be available

Inclusions:

Listing Contracted With: Re/Max Hallmark Realty Limited 705-765-6801 Prepared By: KAYLEY SPALDING, REALTOR Salesperson

Date Prepared: 01/24/2026

Photos

MLS®#: X12259008

14 Manitoba Street, Bracebridge, Ontario P1L 1R9

Made with FlippingBook Annual report maker