132 RICHARD STREET (X12703960)

About the Property

This is the opportunity investors and owner-occupiers have been waiting for. Located in a strong rental pocket of Bracebridge, this well-maintained duplex offers flexibility, upside, and immediate usability-with one unit now vacant, freshly painted, and professionally cleaned, ready for a new tenant or your own occupancy. The property features two fully self-contained units with separate driveways, entrances, and hydro meters, creating privacy and independence for both sides. Unit A is a spacious two-level apartment with 3 bedrooms and 1.5 baths, showcasing original hardwood floors and bright, open living spaces. With the recent vacancy, this unit presents a rare chance to set your own rent, choose your tenant, or move in yourself-a major advantage in today's low-vacancy market. Unit B offers a well-laid-out 2-bedroom configuration with an updated kitchen, generous living space, and a private outdoor patio-ideal for stable, long-term tenancy. Recent updates and improvements include: New windows and entrance door (2024), New appliances (2025), Hot water tanks (2024 & 2025), New soffits and fascia (2025), Fresh paint and deep cleaning in the vacant unit. Set on full municipal services with ample parking, this property is positioned for consistent income with future upside. Whether you're looking to live in one unit and offset your costs, or maximize returns with market rents, this is a clean, ready-to-go investment in a location where demand continues to outpace supply. (id:48047)