$750,000
$789,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
7 Chestnut Hill Bracebridge, ON P1L 2C5
7 Beds
4 Baths
2,850 SqFt
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $263
MLS Listing ID 40355579
Sold Date 02/08/23
Bedrooms 7
Abv Grd Liv Area 2,850
Originating Board The Lakelands
Annual Tax Amount $4,530
Property Description
INVESTMENT PROPERTY: Tri Plex on a large lot. Located close to downtown Bracebridge. All units separately metered. Tenants pay their own Heat and Hydro, Landlord pays Water and Sewer. Two three bedroom apartments and one, one bedroom apartment. This Tri plex has had a number of upgrades from 2020 to 2022 including new roof (plywood and singles), pointing, parging stone walls, etc. In 2022 Unit 1 had a complete renovation all renos were done with permits. Unit 1 & 2 new hot water tank (rental) and some other minor improvements. Unit 1 and 3 have in suite laundry. Plenty of Parking is available. current net operating income is $43,649
Location
Province ON
County Muskoka
Area Bracebridge
Zoning R3-17
Direction Highway 11 to Bracebridge to Manitoba St. to Chestnut Hill
Rooms
Basement Partial, Unfinished
Kitchen 0
Interior
Interior Features High Speed Internet, Separate Hydro Meters
Heating Electric, Forced Air, Natural Gas
Cooling None
Fireplaces Number 1
Fireplace Yes
Appliance Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Exterior Feature Year Round Living
Utilities Available Natural Gas Available, Street Lights
Roof Type Asphalt Shing
Street Surface Paved
Lot Frontage 154.0
Garage No
Building
Lot Description Urban, Irregular Lot, Airport, City Lot, Near Golf Course, Highway Access, Hospital, Library, Place of Worship, Schools, Shopping Nearby
Faces Highway 11 to Bracebridge to Manitoba St. to Chestnut Hill
Story 2
Foundation Concrete Perimeter, Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Hardboard, Wood Siding
New Construction No
Others
Tax ID 481170460
Ownership Freehold/None
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