For Sale

148 Park Road, Bracebridge, Ontario P1L 1H9

$695,000

148 Park Road, Bracebridge, Ontario P1L 1H9 is For Sale and has a listing price of 695,000. The property is located in the Bracebridge . It's been on the website for 106 Days.

  • Multiplex
    Property Type
  • 5
    Bedrooms
  • 5
    Bathrooms
  • MLS ID: X12104211
  • Office Name RE/MAX Professionals North
Property Description

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.

Property Details
  • Bedrooms: 5
  • MLS ID: X12104211
  • Bathrooms: 5
  • Price: $695,000
  • Lot Depth: 143.8
  • Transaction Types: For Sale
  • Ref ID: X12104211
  • Year Built: N/A
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Cedar Lane & Taylor Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
04/25/2025 X12104211 $749,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bracebridge
  • $868,137 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 156 Median Days on Market
    based on 1 year
  • List vs. Selling Price 148.76 % Up
  • Sold (12mo) 69
  • Rented (12mo) 16

  • 1 Month Change +4.3%
  • 3 Month Change -33.6%
  • 6 Month Change +13.4%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 5
  • Exterior Y
  • Kitchen 5
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 2: 3
  • Washrooms Type 3: 1
  • Taxes: $4,718
  • Last Status Y
  • Original Price: $749,900
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/04/2025 15:32:29
  • Possession Date: 31/05/2025 00:00:00
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