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$449,000
Available - For Sale
Listing ID: X9392344
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.
Price $449,000
Taxes: $1,937.52
Tax Type: Annual
Occupancy by: Tenant
Address: 408002 Grey Rd 4 , Grey Highlands, N0C 1J0, Ontario
Postal Code: N0C 1J0
Province/State: Ontario
Legal Description: PT LT 11 CON 6 OSPREY AS IN R359970; GRE
Lot Size: 58.5 x 150 (Feet)
Directions/Cross Streets: South East Corner of Grey Road 2 & 4
Zoning: C2 Store with Le
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 8,761.81
Total Area Code:  Sq Ft
Office/Appartment Area: 2924
Office/Appartment Area Code: Sq Ft
Retail Area: 1288
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 100+
Sprinklers: N
Heat Type: Oil Forced Air
Central Air Conditioning: Part
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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ROYAL LEPAGE MEADOWTOWNE REALTY

408002 Grey Rd 4 , Grey Highlands, N0C 1J0, Ontario


 
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Type: Com - Investment
Area: Grey County
Municipality: Grey Highlands
Neighbourhood: Rural Grey Highlands
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Lot Size: 58.50 x 150.00(Feet)
Approximate Age: 100+
Tax: $1,937.52
Maintenance Fee: $0
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Baths: 1
Garage: 0
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