| Edward Street, Bracebridge, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: April 6th, 2023
About the Property
Check out this 2 storey detached house consisting of 2 bedrooms and 2 bathrooms. The owner took down one of the walls making this previous 3 bedroom home into a 2 bedroom with a big primary bedroom. There is an exposed chimney upstairs with tilted ceilings but no issues with leaks. There is a wood fireplace in the back extension of the house that works well. There are some rotting planks on the deck that need to be replaced. The kitchen and bathroom are both dated and would require a full cosmetic renovation. This property is perfect for a beginner or experienced investor looking to add a fix and flip or BRRR property to their portfolio.
About the Neighbourhood
The subject property is situated close to downtown Bracebridge. The property is located down the street from Bracebridge falls and and about a 5 minute drive to the South Muskoka Memorial Hospital. The property is close to countless amenities such as restaurants, shops on the downtown strip, Home Depot, Walmart, A&W, Tim Hortons, Shoppers Drugmart and much more. Bracebridge is located 2 hours North of Toronto and makes a great short term rental opportunity given the proximity to trails and outdoorsmanship activities.
Property Details
- 2 Storey Detached
- 2+1 bedrooms
- The primary bedroom is two bedrooms converted into one
- One bedroom in the basement
- 2 bathrooms
- 1 full washroom
- 1 half washroom
- 1508 squarefeet above grade
- 936 squarefeet below grade
- Full basement
- 6ft2″ under the last step
- 7ft ceiling height
- Unfinished laundry room
- Stone foundation
- Roof was redone in 2012
- Windows are old and dated but in good condition as per the seller
- Oil tank and needs to be replaced
- Plumbing is copper and ABS
- Breaker panel, copper wiring
- No A/C
- HWT is owned
- Built in 1907
- Lot size is 66ft by 264ft
- Zoning is R1
Recommended Renovations
- Full cosmetic renovation
- Replace the oil tank
- Redo the deck
- Seller has the option to leave junk behind so we would recommend budgeting for junk removal
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