Bracebridge

624 CEDAR LANE Lane (40051736)

$2,800,000

About the Property

Investment opportunity to own this newly built 3 level residential 9 plex in Bracebridge. Units are not rented and will have a February 2021 occupancy date. Five 1- bedroom apartments and four 2-bedroom apartments. Projected gross rent of $183,600. Each unit is finished with beautiful granite countertops in the kitchen and bathrooms. High quality laminate and ceramic tile flooring. Exterior is maintenance free stone and vinyl siding. Air conditioned and natural gas heat for each unit. All units are metered separately for hydro, water and natural gas. ICF foundation with Flagstone decks . Paved parking. Building footprint is 34ftx68ft per floor. Current assessment and taxes are for vacant land only. Very central to shopping, schools, and easy access to the highway. Collect your rent and watch property values rise in this AAA location. (id:42159)

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Property

Address: 624 CEDAR LANE Lane

City: Bracebridge, Ontario, Canada

Style: N/A

Exterior: N/A

MLS® number: 40051736

Utilities

Cooling: Central air conditioning

Heat source: ,Natural gas

Heat type: Forced air,

Sewers: Municipal sewage system

Building

Bedrooms: N/A

Bathrooms: N/A

Size: 4200

Garage: No

Built in: 2020

Land

Waterbody: N/A

Waterfront: No

Lot Size: N/A

View: N/A

Frontage: 95 ft

Map

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Lisa Richards
Speak with Lisa about this property
Cell: 705-380-5067
Office: 705-789-1001