624 Cedar Lane Lane Bracebridge, Ontario P1L 1H7
$2,800,000
Investment opportunity to own this newly built 3 level residential 9 plex in Bracebridge. Units are not rented and will have a February 2021 occupancy date. Five 1- bedroom apartments and four 2-bedroom apartments. Projected gross rent of $175,200. Each unit is finished with beautiful granite countertops in the kitchen and bathrooms. High quality laminate and ceramic tile flooring. Exterior is maintenance free stone and vinyl siding. Air conditioned and natural gas heat for each unit. All units are metered separately for hydro, water and natural gas. ICF foundation with Flagstone decks . Paved parking. Building footprint is 34ftx68ft per floor. Current assessment and taxes are for vacant land only. Very central to shopping, schools, and easy access to the highway. Collect your rent and watch property values rise in this AAA location. (id:29438)
Property Details
| MLS® Number | 40051736 |
| Property Type | Multi-family |
| Amenities Near By | Schools, Shopping |
| Equipment Type | None |
| Features | Southern Exposure |
| Rental Equipment Type | None |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2020 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4200 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Nearby |
| Acreage | No |
| Land Amenities | Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 95 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/22671375/624-cedar-lane-lane-bracebridge
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Royal LePage Lakes Of Muskoka Realty, Brokerage, Bracebridge -M59
January 23 2021 05:20:51
