$695,000
4.42 BTC
Photos
Map
148 Park Road, Bracebridge
$695,000
PRICE
5
BEDROOMS
5
BATHROOMS
X12104211
MLSID

148 Park Road, Bracebridge

Attention investors!!! Affectionally known as "The Barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the Fall of 2022. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 AMP panel and gas furnace. This unit will be vacant upon closing. Unit 2: This unit was recently updated. 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. The rent is $1250.00/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater. Rent is $922.50/month. Unit 4: 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $903.50. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/month. This unit is a stand alone unit at #150 Park Road. A newer rental hot water heater (rental) services all the units with the exception of #150 Park Road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial MayTag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.
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Summary

Address
148 Park Road
Community
Street
MLSID
X12104211
Property Type
Multiplex
Property Category
Bedrooms
5
Bathrooms
5
Kitchens
5
Zoning
R2
Taxes (Annual)
$4,718.23
Tax Year
2024
Published
April 25, 2025
Days on Market
102 Days
Possession Type
Flexible
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Inclusions

Fridge and stove in all units. Small hot water tank and cook top in Apartment 5, snowblower, lawnmower (as-is), hot tub.

Exclusions

Personal effects, Tenants belongings

Details

Property Features
School
Bathroom 1
3-Piece Lower Level
Bathroom 2
3-Piece Main Level
Bathroom 3
2-Piece Main Level
Parking Spaces
5
Parking Total
5
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Metal/Steel Siding
Lot Width
77 Feet
Lot Depth
144 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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