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. The 4 units in the main building have been recently remodelled and have newer appliances. 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/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater (2022). Rent is $1300/month. Unit 4: This unit was recently updated. 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $1150/month. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $800/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 and there are 5 dedicated parking spaces as well. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage. With four of the five units renovated, this building produces strong income.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
143'10"43.8 m
Lot Frontage:
77'4"23.6 m
Direction Faces:
West
Bedrooms:
5
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
5
Kitchens Above Grade:
5
Rooms Above Grade:
23
Zoning:
R2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Metal
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$4,934.32 /
2026
Assessment:
$- /
-
Muskoka
Bracebridge
Macaulay
School, Public Transit
Other
Hot water tank
Fridge and Stove in all units. Small hot water tank and cooktop in Apartment 5, commercial grade washer and dryer, snowblower, lawnmower (as-is), hot tub
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