For saleMLS® X13054532

148 Park Road, Bracebridge, ON P1L 1H9

Bracebridge · Near Cedar Lane & Taylor Road · View map

$639,900
5Beds
5Baths
1100–1500Sq ft
MultiplexType
5 totalParking
Finished, FullBasement
$4,934/yrTaxes
$639,900
FreeholdNo monthly condo fee
Parking for 5Comes with the home
Finished basementExtra living space
Lot 77.3 x 143.8 ftThe land comes with the home

About this home

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.

The home

Type
Multiplex
Style
2-Storey
Square footage
1100-1500 sq ft
Bedrooms
5
Bathrooms
5
Kitchens
5
Rooms
23
Basement
Finished, Full
Lot size
77.3 x 143.8 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Metal/Steel Siding

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Wall Unit(s)
Fireplace
No

Garage & parking

Driveway spaces
5
Total parking
5

Taxes & other

Property taxes
$4,934/yr
Tax year
2026
Occupancy
Owner+Tenant
Possession
Flexible
Cross street
Cedar Lane & Taylor Road
Neighbourhood
Bracebridge

More

Price per sq ft
~$492 (at 1,300 sq ft)
MLS® number
X13054532

The home and its surroundings

  • School
  • Public Transit
Want to know something that isn’t listed?
Estimated monthly cost$2,992per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    148 Park Road, Bracebridge, ON P1L 1H9

    Bracebridge · Near Cedar Lane & Taylor Road

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    Sold history

    Listing history for 148 Park Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 148 Park Road

    Answers come straight from this home’s MLS® listing.

    How much is 148 Park Road listed for, and what would it cost each month?

    148 Park Road is listed for $639,900. With 20% down ($127,980), the mortgage payment would be roughly $2,581 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,992 a month, all in. That figure is an illustration, not a quote.

    Is 148 Park Road freehold or a condo, and is there a monthly fee?

    148 Park Road is a multiplex in Bracebridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 148 Park Road have?

    148 Park Road has 5 bedrooms and 5 bathrooms. The listing gives the style as 2-storey.

    Does 148 Park Road have a garage and parking?

    The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.

    Does 148 Park Road have a finished basement?

    The listing describes the basement as finished, full. Finished basement space is usually not counted in the square footage shown.

    What style of home is 148 Park Road?

    148 Park Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 148 Park Road, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 77.3 x 143.8 ft.

    How is 148 Park Road heated and cooled?

    Heating is forced air (gas). Cooling is wall unit(s).

    What are the property taxes for 148 Park Road?

    Property taxes are $4,934 a year (2026), or about $411 a month.

    Where is 148 Park Road?

    148 Park Road is in Bracebridge. The nearest main intersection is Cedar Lane & Taylor Road. The postal code is P1L 1H9.

    Is 148 Park Road still for sale?

    Yes. It is an active listing (MLS® X13054532). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 148 Park Road asking?

    Similar properties for sale nearby right now include 128 James Street at $625,000 (5 bed), 3 Wellington Street at $489,900 (4+1 bed) and 173 Richard Street at $699,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 148 Park Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 148 Park Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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