25 ALEXANDRA STREET, Bracebridge (Macaulay), Ontario P1L1H7

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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.
Property Specifications
Comprehensive breakdown of features and details.
Interior Details
CoolingNone
HeatingBaseboard heaters
Living Area2
Land & Location
City RegionMacaulay
Lot Size Area2.023 acres
Lot Size Dimensions2.023
Listing & Financials
Listing OfficeED LOWE LIMITED
Originating System NameToronto Regional Real Estate Board
Other Specifications
CountryCanada
For Sale
$3,360,000
25 ALEXANDRA STREET, Bracebridge (Macaulay), Ontario P1L1H7
Beds
-
Baths
-
Living Area
2 sqft
Lot Size
2.023 acres
Property Type
Multi-Family
Year Built
-
Listing IDX12636902
Location & Map
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