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.
Last updated on : Wednesday 17th of December 2025 02:35:12 PM
Street : 25 ALEXANDRA STREET
City : Bracebridge (Macaulay)
Country : Canada
Postal Code : P1L1H7
Property ID : X12636902
Building Type : Multi-Family
Property Type : Multi-family