148 Park Road
Bracebridge, ON
- 5 bed
- 5 bath
- approx. 1100-1500 sqft
- Multiplex
- 146 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,934
- Originally Listed
- $695,450
- Listed
- April 28, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Construction
- Metal/Steel Siding
- Roof
- Metal
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 77.3 x 143.8 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Cedar Lane & Taylor Road
- Zoning
- R2
- Parcel Number
- 481130110
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Fridge and Stove in all units. Small hot water tank and cooktop in Apartment 5, commercial grade washer and dryer & hot tub.
- Exclusions
- Personal effects and tenants belongings
- Rental Items
- Hot water tank
Schools
Secondary
- St Dominic Catholic Secondary School1.1 km
Catholic · Simcoe Muskoka CDSB · 155 students
Grade 10 literacy: 79% met the provincial standard
- AAEC's/e-Learning1.4 km
Public · Trillium Lakelands DSB · 1075 students
Grade 10 literacy: 91% met the provincial standard
- Bracebridge and Muskoka Lakes Secondary School3.7 km
Public · Trillium Lakelands DSB · 840 students
Grade 10 literacy: 85% met the provincial standard
Elementary
- Bracebridge Public School1.2 km
Public · Trillium Lakelands DSB · 400 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Monck Public School1.6 km
Public · Trillium Lakelands DSB · 575 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Macaulay Public School2.4 km
Public · Trillium Lakelands DSB · 305 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 77% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P1L
- Population
- 17,984
- Private dwellings
- 9,535
- Median age
- 51.2
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Bracebridge · last 12 months
- Median sold price
- $629,000
- Homes sold
- 311
- Median days on market
- 32
- Sale-to-list price
- 95.0%
Based on 311 recorded sales of residential freehold properties in Bracebridge over the last 12 months.
Rooms
3-piece on Lower, 3 × 3-piece on Main, 2-piece on Main
Second
- Loft30'5" x 48'2"
Main
- Bathroom10'2" x 5'
- Bathroom4'10" x 7'11"
- Bathroom2'7" x 7'6"
- Bathroom5'4" x 7'6"
- Bedroom9'2" x 8'11"
- Bedroom6'5" x 14'
- Bedroom10'3" x 8'7"
- Bedroom8'7" x 11'1"
- Dining Room10'5" x 8'
- Kitchen8'7" x 9'8"
- Kitchen9'2" x 8'2"
- Kitchen9'11" x 9'2"
- Kitchen13'9" x 2'10"
- Living Room6' x 7'9"
- Living Room14'4" x 15'3"
- Living Room13'9" x 8'7"
- Living Room8' x 11'10"
Lower
- Bathroom13' x 6'7"
- Bedroom15'6" x 12'7"
- Kitchen14'1" x 15'7"
- Laundry12'5" x 6'10"
- Living Room14'10" x 14'
- Utility Room27'4" x 19'3"
Listed by
RE/MAX Professionals North
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$127,980
Estimated Monthly Payment
$3,144
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,144/mo (20% down, 5.5%)
Taxes: $411/mo · Insurance: $160/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?