624 Cedar Lane Lane

$2,800,000, 4,200 Sqft

About This 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 $175,200. 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:6289)

Essential Information

Listing #40051736
Price$2,800,000
Square Footage4,200
Acres0.00
Year Built2020
TypeMulti-family
Sub-TypeFreehold

Community Information

Address624 Cedar Lane Lane
SubdivisionMacaulay
CityBracebridge
ProvinceOntario
Postal CodeP1L1H7

Amenities

AmenitiesSchools, Shopping
FeaturesSouthern exposure

Interior

HeatingNatural gas Forced air
CoolingCentral air conditioning
Has BasementYes
# of Stories2

Exterior

ExteriorStone, Vinyl siding

Listing Office

ROYAL LEPAGE LAKES OF MUSKOKA REALTY, BROKERAGE, BRACEBRIDGE -M59

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