$2,500,000
Available - For Sale
Listing ID: X11934037
49 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka


The Clock Tower, situated in the heart of downtown Bracebridge, presents an unparalleled investment opportunity for buyers seeking a high cap rate and exceptional growth potential. Designed by renowned architect David Ewart, this iconic multi-use property combines architectural heritage with modern functionality, making it a standout landmark in one of Bracebridges most vibrant districts. Boasting 20 commercial units and 2 residential units, the property offers considerable versatility, attracting a diverse range of tenants and delivering steady, lucrative income streams. Its prime location in a high-traffic, high-visibility area ensures consistent footfall and prominent exposure, ideal for retail storefronts, professional offices, and other dynamic business endeavors. Beyond its income potential, the Clock Towers central position in a community experiencing sustained growth and development makes it an intelligent choice for long-term appreciation. Marrying historical significance with contemporary adaptability, this property is a rare asset offering investors a blend of prestige, strategic location, and steady returns, all in the thriving hub of downtown Bracebridge.
Price $2,500,000
Taxes: $11233.26
Tax Type: Annual
Occupancy: Tenant
Address: 49 Manitoba Stre , Bracebridge, P1L 2B2, Muskoka
Postal Code: P1L 2B2
Province/State: Muskoka
Legal Description: PT LT 15EMR PL 11 BRACEBRIDGE PT 7 & 8,
Lot Size: 66.00 x 120.77 (Feet)
Directions/Cross Streets: Manitoba St/ Taylor Rd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Office
Building Percentage: T
Total Area: 12000.00
Total Area Code:  Square Feet
Office/Appartment Area: 8000
Office/Appartment Area Code: Sq Ft
Sprinklers: No
Washrooms: 0
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $125,000 $250,000 $375,000 $500,000
First Mortgage $2,375,000 $2,250,000 $2,125,000 $2,000,000
CMHC/GE $95,000 $69,750 $59,500 $0
Total Financing $2,470,000 $2,319,750 $2,184,500 $2,000,000
Monthly P&I $12,189 $11,447.55 $10,780.11 $9,869.64
Expenses $0 $0 $0 $0
Total Payment $12,189 $11,447.55 $10,780.11 $9,869.64
Income Required $457,087.63 $429,283 $404,254.22 $370,111.44

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$6,168.52
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CROSSTOWN REALTY INC.
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Office
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Macaulay
Style:
Lot Size: 66.00 x 120.77(Feet)
Approximate Age:
Tax: $11,233.26
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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