408002 Grey Rd 4 Grey Highlands, Ontario N0C 1J0
$449,000
Investment or redevelopment opportunity: 58.5ft x 150 ft corner lot with prime mixed-use building at Grey Rd 4 & 2 in Maxwell. 4,212 sq ft with income from 2 residential units and 1 commercial unit. Many updates in a great location with mixed-use C2 highway and service commercial zoned building. The building includes Residential Unit 1 at 2,106 sq ft, Residential Unit 2 at 1,288 sq ft, and Residential Unit 3, a 1,288 sq ft studio combined with Commercial Unit 4. Significant updates ensure the building's efficiency and comfort, featuring windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, fascia, a well water system, hydro panel, and an oil tank [2023]. Two separate hydro meters provide convenience and cost management, while ample parking for 6 vehicles caters to both residential and commercial tenants. Currently, the residential units are occupied by long-term tenants on a month-to-month basis. Located within a 30-minute drive of Collingwood and Blue Mountain and close to various amenities such as schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, this property is an attractive place to live, work, and play. This versatile building is a rare opportunity to expand your investment portfolio or establish a live-work setup. Do not miss out on this exceptional commercial investment in Maxwell. **** EXTRAS **** Tenants on month to month leases. Retail space current shared with 3rd residential tenant. Great corner location for re-purpose. Building has no historical value. Floor plan does not record Unit 1. The property is offered as is, where is. (id:55499)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X9392344 |
| Property Type | Multi-family |
| Community Name | Rural Grey Highlands |
| Amenities Near By | Highway |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 7 |
| Appliances | Dryer, Refrigerator, Two Stoves, Washer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Oil |
| Heating Type | Forced Air |
| Size Interior | 8761.81 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Depth | 150 Ft |
| Size Frontage | 58 Ft ,6 In |
| Size Irregular | 58.5 X 150 Ft |
| Size Total Text | 58.5 X 150 Ft |
| Zoning Description | C2 Store With Legal 2 Residential Units |
https://www.realtor.ca/real-estate/27530876/408002-grey-rd-4-grey-highlands-rural-grey-highlands
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October 11 2024 12:09:19
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