624 Cedar Lane Lane, Bracebridge, Ontario P1L 1H7 (22671375)


LOADING

624 Cedar Lane Lane Bracebridge, Ontario P1L 1H7

4200
Central Air Conditioning Forced Air

$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

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