Excellent investment opportunity in the heart of downtown Bracebridge. This well-located two-storey multiplex offers five residential apartments with approximately 4,620 sq. ft. of total living space, within walking distance of downtown shops, restaurants, services and amenities. The building features a versatile mix of units, including two 2-bedroom apartments, two 1-bedroom apartments and one spacious 3-bedroom apartment. Main-floor Units 5 and 6 feature raised ceilings, adding to the sense of space. A shared vestibule provides convenient on-site laundry with washer and dryer, while a large front-yard parking area offers ample parking for residents. Unit 5 is heated by a forced-air natural gas furnace and features central air conditioning, while the remaining four units are heated by electric baseboard. Tenants are responsible for their own heat and hydro, helping to keep operating expenses manageable. With five residential units, substantial square footage, on-site parking and a convenient downtown location, this property offers an attractive opportunity for investors looking to expand their multi-residential portfolio.
Address
368 Manitoba Street
List Price
$499,000
MLS® Status
Sold Conditional
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Bracebridge
Sub-Area
Macaulay
Region
Muskoka
Bedrooms
9
Bedrooms (Total)
9
Rooms Above Grade
20
Bathrooms
5
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
180
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
100
Parcel Number
481170153
Occupant Type
Tenant
Cross Street
Manitoba/Monck
MLS® Number
X13656226
Listing Brokerage
Chestnut Park Real Estate
Basement Area
None
Postal Code
P1L 2C7
Posession Details
Flexible
Parking
Front Yard Parking
Parking Places (Total)
20
Parking Spaces
20
Tax Amount
$7,195.00
Tax Year
2025
Site Influences
Hospital, Library, Place Of Worship, Public Transit, School, School Bus Route, Year Round Living
Accessibility Features
None
Exterior Features
Year Round Living
Interior Features
Separate Hydro Meter, Separate Heating Controls, Water Heater Owned
Property Features
Hospital, Place Of Worship, Public Transit, School Bus Route, Library, School
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active Under Contract
Board Or Association
One Point Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
Central Air
Construction Materials
Vinyl Siding, Metal/Steel Siding
Direction Faces
South
Fireplace
No
Foundation Details
Slab
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 12 RCP 510 MacCaulay S/T DM11321; Bracebridge, The District Municipality of Muskoka
Security Features
None
Topography
Level
Water Source
Water System
View Type
Downtown
Waterfront
No
Waterfront
None
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Ground | Bedroom | 6.15 x 3.05 Meters | |
| Ground | Bedroom 2 | 5.18 x 3.76 Meters | |
| Ground | Bedroom 3 | 4.32 x 3.66 Meters | |
| Ground | Kitchen | 4.27 x 4.06 Meters | |
| Ground | Living Room | 6.1 x 4.06 Meters | |
| Ground | Bathroom | 3.76 x 1.8 Meters | |
| Ground | Foyer | 3.61 x 3.4 Meters | |
| Ground | Bedroom | 3.66 x 2.62 Meters | |
| Ground | Bedroom 2 | 3.81 x 2.92 Meters | |
| Ground | Living Room | 5.28 x 3.63 Meters | |
| Ground | Kitchen | 4.5 x 2.72 Meters | |
| Second | Bedroom | 3.89 x 2.74 Meters | |
| Second | Bedroom 2 | 3.51 x 3.3 Meters | |
| Second | Kitchen | 3.05 x 3.33 Meters | |
| Second | Living Room | 4.67 x 7.06 Meters | |
| Second | Bathroom | 3 x 1.45 Meters | |
| Second | Bedroom | 2.95 x 3.45 Meters | |
| Second | Kitchen | 3.66 x 3.12 Meters | |
| Second | Living Room | 3.73 x 3.12 Meters | |
| Second | Bathroom | 1.98 x 2.29 Meters | |
| Second | Bedroom | 3.35 x 3.02 Meters | |
| Second | Kitchen | 2.44 x 3.35 Meters | |
| Second | Living Room | 3.43 x 4.06 Meters | |
| Second | Dining Room | 5.08 x 3.48 Meters | |
| Second | Bathroom | 3.35 x 3.02 Meters |