$1,289,900
Est. payment $5,711/moCalculate yours
99 Spencer Street, Bracebridge, ON P1L 1C4
Monck (Bracebridge), Bracebridge, ON P1L 1C4
- 5 + 3 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of Harvey Kalles Real Estate Ltd. MLS® X13719946
About this home
Immaculately renovated and beautifully appointed with a uniquely functional and practical layout, this large in-town Bracebridge 4-plex exudes the kind of pride of ownership rarely found in a rental property. Fully tenanted with excellent income, and situated right in the heart of town within walking distance of downtown and the new library and arena. Central, yet tucked away on the corner of 2 quieter streets. The main floor presents an ideal owner’s unit with vaulted ceilings, sound-dampening insulation, fireplace, and beautiful bathroom with nice finishes. Secondary main floor 2 bedroom 1.5 bath unit has its own deck. Upper unit is a 3 bedroom 1.5 bathroom with private balcony. Lower level 3 bedroom 1 bathroom unit has a walk-up to backyard and 2 living areas, one with fireplace. Ample parking. Zoned R4-19. Flat property with good sized yard. 4 separate hydro meters, upgraded 400 amp service with 4 x 100 amp panels. Gas furnace. On-site coin-operated laundry in communal area. Superb value for a savvy investor seeking a full-occupancy, turnkey rental operation in a fantastic location. Full municipal services including water, sewer, and gas. Lakeland fibre optic internet availability. Owned mechanicals. Integrated fire alarm system with wifi monitoring. Wifi-controlled thermostat. Walking distance to public transit. 7% cap rate.
Property details
Overview
- Property Type
- Fourplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 3,500 sqft
Interior
- Bedrooms
- 5 + 3
- Bathrooms
- 6
- Kitchens
- 4
- Basement
- Apartment, Full, Separate Entrance, Walk-Up, Partially Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 98 x 163 Feet
- Parking
- None garage · 6 total
- Zoning
- R4-19
Financial
- Property Taxes
- $7,669 (2026)
Location
- Neighbourhood
- Monck (Bracebridge)
- Cross Street
- Wellington & Dill
- Direction Faces
- East
Listing
- MLS® Number
- X13719946
- Days on Market
- 53
- Listed On
- 2026-08-26
- Possession
- All units are fully tenanted
- Listed By
- Harvey Kalles Real Estate Ltd.
Features
Interior
- Accessory Apartment
- In-Law Capability
- Primary Bedroom - Main Floor
- Separate Hydro Meter
- Upgraded Insulation
- Water Heater Owned
- Water Heater
Property
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- Sloping
Pool
- None
- Included
- 4 x refrigerators, 4 x stoves, 2 x dishwashers, 2 x dryers, 2 x washers.
- Excluded
- Tenant's belongings.
Mortgage calculator
Estimated mortgage payment
$5,711 per month
- Principal and interest
- $5,711
- Property tax
- $639
- Condo fees
- $0
- Estimated monthly cost
- $6,351
Your mortgage
- Mortgage amount
- $1,031,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $681,499
Cash to close
- Down payment
- $257,980
- Land transfer tax
- $22,273
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $280,253
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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