Listed for:Listed Apr 28, 2026
$639,900

148 Park Road

Bracebridge (Macaulay), ON P1L 1H9

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 148 Park Road, Bracebridge, Macaulay

No listing history available

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About 148 Park Road, Bracebridge, Macaulay

Summarized Description

  • Property known as 'The Barn' with 5 rental units.
  • Four units recently fully renovated and updated.
  • Unit 1 features heated floors and new kitchen.
  • Strong income potential with consistent rental history.
  • Dedicated parking spaces available for tenants.
  • Commercial laundry facilities enhance revenue streams.
  • New steel roof and exterior improvements completed.
  • Vacant unit upon closing offers immediate rental opportunity.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,934
Land Transfer Tax Fee
$9,273

Rental Items

Rental Equipment
Hot water tank

Basement Type
Finished, Full

Interior Features

Laundry Level
Main Level
Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
School, Public Transit
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Metal/Steel Siding
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
77.30 ft
Lot Depth
143.80 ft

Inclusions

Inclusions
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

Exclusions

Exclusions
Personal effects and tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
5
Washrooms
5
Kitchens
5

Room sizes

  • Living Room—
    Lower level
  • Kitchen—
    Lower level
  • Bedroom—
    Lower level
  • Bathroom—
    Lower level, 3 Pc Bath
  • Utility Room—
    Lower level
  • Laundry—
    Lower level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 2 Pc Bath
  • Loft—
    Second level, Unfinished

Washrooms

  • 3-piece, Lower
  • 3-piece, Main
  • 2-piece, Main

Municipality
Bracebridge
Neighbourhood
Macaulay
Main cross streets
Cedar Lane & Taylor Road
Zoning
R2
Directions
Cedar Lane to Park Road to #148

MLS® number
X13054532
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-28
Updated on
2026-09-04
Days on market
172 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
RE/MAX Professionals North

Home Market Value

Current home valuation for 148 Park Road, Bracebridge, Macaulay, Bracebridge, ON. Listed for $639,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 148 Park Road, Bracebridge, Macaulay

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Bracebridge, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $139,900 over $500K

Minimum down payment

$38,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,035$17,853$15,230$0
=Total mortgage
$624,901$593,763$559,145$511,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,051monthly$2,899monthly$2,730monthly$2,499monthly
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Land Transfer Tax

Provincial

$9,273

Total Land Transfer Tax

$9,273

Around this home

2/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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5.4 /10

St. Dominic

Private·secondary·1.1km

6.2 /10

Bracebridge

Public·elementary·1.2km

5.6 /10

Monck

Public·elementary·1.6km

7.6 /10

Macaulay

Public·elementary·2.4km

5.1 /10

Monsignor Michael O'Leary

Private·elementary·2.5km

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