99 Spencer Street, Bracebridge, ON P1L 1C4
Bracebridge, ON, P1L 1C4 · Monck (Bracebridge)
About this property
Immaculately renovated and beautifully appointed with a uniquely functional and practical layout, this large in-town Bracebridge 4-plex exudes the kind of pride of ownership rarely found in a rental property. Fully tenanted with excellent income, and situated right in the heart of town within walking distance of downtown and the new library and arena. Central, yet tucked away on the corner of 2 quieter streets. The main floor presents an ideal owner's unit with vaulted ceilings, sound-dampening insulation, fireplace, and beautiful bathroom with nice finishes. Secondary main floor 2 bedroom 1.5 bath unit has its own deck. Upper unit is a 3 bedroom 1.5 bathroom with private balcony. Lower level 3 bedroom 1 bathroom unit has a walk-up to backyard and 2 living areas, one with fireplace. Ample parking. Zoned R4-19. Flat property with good sized yard. 4 separate hydro meters, upgraded 400 amp service with 4 x 100 amp panels. Gas furnace. On-site coin-operated laundry in communal area. Superb value for a savvy investor seeking a full-occupancy, turnkey rental operation in a fantastic location. Full municipal services including water, sewer, and gas. Lakeland fibre optic internet availability. Owned mechanicals. Integrated fire alarm system with wifi monitoring. Wifi-controlled thermostat. Walking distance to public transit. 7% cap rate.
Features & Amenities
- Basement: Apartment, Full, Separate Entrance, Walk-Up, Partially Finished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 1/2 Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 1 1/2 Storey |
| Bedrooms | 8 |
| Bathrooms | 6 |
| Lot Size | 12,896 Feet |
| Basement | Apartment, Full, Separate Entrance, Walk-Up, Partially Finished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $7,669 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Heater
- Fireplace
- Yes
- Fireplace Features
- Electric
Exterior Features
- Exterior Features
- Deck
- Other Structures
- Fence - Partial
- Pool Features
- None
Building & Construction
- Architectural Style
- 1 1/2 Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Full, Separate Entrance, Walk-Up, Partially Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Front Yard Parking, Mutual, Unreserved
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 12896.00
- Lot Size Units
- Feet
- Lot Depth
- 163.00
- Lot Width
- 98.00
Community & Neighborhood
- Property Features
- Hospital, Library, Park, Place Of Worship, Public Transit, Sloping
Financial & Tax
- Tax Annual Amount
- $7,669
- Tax Year
- 2026
- Tax Assessed Value
- $512,000
- Possession Type
- Other
- Possession Details
- All units are fully tenanted
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Rooms Below Grade
- 6
- Kitchens Above Grade
- 3
- Kitchens Total
- 4
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Muskoka
- Cross Street
- Wellington & Dill
- Directions
- Muskoka Road 118 West (Wellington Street) to North Street, left on Spencer Street, first driveway on the left #99.
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
99 Spencer Street, Bracebridge, ON P1L 1C4, Bracebridge, ON, P1L 1C4