391C Manitoba Street 204, Bracebridge

$529,000
391C Manitoba Street 204

$529,000

New
24d
Condo ApartmentApartment

391C Manitoba Street 204, Bracebridge

Total Monthly Obligation $3,385

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
19
Yield
6.7%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-X13843364
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,692.37 (2026)
Maintenance-$743.75/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Forest Hill Real Estate Inc.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Wood
Possession-Immediate
Neighbourhood-Macaulay
Title-Residential Condo & Other

No agent assigned

Welcome to easy, low-maintenance living in Muskoka. This bright and spacious 2-bedroom, 2-bathroom condo offers a peaceful setting with views over neighbouring fields and the South Muskoka Golf Course beyond.Located on the second floor of a quiet, well-maintained building, the condo features a comfortable and functional layout with generous storage, a large entry closet, pantry, in-suite laundry, and plenty of natural light. Two bedrooms and two full bathrooms provide plenty of flexibility, whether you need space for overnight guests, a home office, or simply room to spread out.Everyday living is made even easier with a dedicated storage locker conveniently located on the same floor as the unit, a designated parking space in the heated underground garage, elevator access, and a garbage chute on each floor. The building is surrounded by landscaped grounds, with walkways maintained throughout the winter.Residents also enjoy access to a welcoming clubhouse with a fitness centre, games room, and community library, adding another layer of convenience and community without the upkeep of a traditional home.Whether you are looking to simplify, spend more time enjoying Muskoka, or find a comfortable home base with less maintenance, this condo offers an easy lifestyle in a peaceful setting, while keeping you close to the shops, restaurants, recreation, and everyday amenities of Bracebridge.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,385/mo
Mortgage $2,134
Monthly Loss $2,824
Principal$562
Interest$1,572
Property Tax$308
Condo Fees$744
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,196/yr
NOI
$16,659/yr
Net Cash Flow
-$746/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 391C Manitoba Street 204

Time

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Data last updated within the past 24 hours.