365 Wellington St N

Stunning Split-Level Bungalow in Bracebridge! Discover the allure of this charming split-level bungalow nestled in the heart of Bracebridge, boasting a generous lot measuring 147 by 84 feet and backing onto a tranquil ravine. This home is a rare find, offering a perfect blend of comfort, space, and potential income generation.Main and Upper Levels - Upon entry, you are greeted by a bright and inviting space featuring 3 bedrooms and 1 full bath spread across the main and upper levels. The layout is thoughtfully designed to maximize natural light and functionality, making everyday living a delight. Lower Level Walkout - Step down to the lower level, where a fully finished walkout opens onto the expansive backyard oasis. Backing onto a serene ravine, this area is ideal for relaxation and entertainment. Enjoy evenings gathered around the fire pit, creating lasting memories with family and friends. Income Potential - The lower level has been utilized as a successful short-term rental, generating substantial revenue of $4000 per month during the summer months. This space includes a comfortable living room, a full bath, a private bedroom, and a convenient kitchenette. Whether you choose to continue renting it out or use it as a private retreat for guests, the options are endless. Additional Features - Unfinished basement area housing the laundry facilities and providing ample storage space.Impeccably maintained grounds with mature trees and landscaping, enhancing the natural beauty of the property.Located in a desirable neighborhood known for its tranquility and community spirit.This split-level bungalow offers not only a peaceful retreat but also a savvy investment opportunity. Whether you're looking to settle into a serene family home or capitalize on rental income, this property is sure to exceed your expectations. Don't miss out on the chance to make this gem your own in the heart of Bracebridge. **** EXTRAS **** No carpet anywhere. S/S appliances. The house is heated by 2 fireplaces, one heatpump and baseboards. The cooling is through the heatpump unit. Heatpump is newer (2020). Metal roof on main house. Shingles on the carport. (id:54626)