408002 Grey Rd 4
Grey Highlands | Rural Grey Highlands | N0C 1J0- 7
- 3
- 0
$449,000
Est. Mtg $1,522 /mo-
Days on market
46
-
Status
New
Home details
- MLS #:
X9392199
- Property type:
- Store W/Apt/Office
- Style:
- 2-Storey
- Taxes:
- $1,938
- Possession:
- 30 days TBA
- Lot Front:
- 58.5 Feet
- Lot Depth:
- 150.0 Feet
- Basement:
- Part Bsmt |
- Driveway Pkg:
- 6
- Heat:
- Oil | Forced Air
Description
408002 Grey Rd 4, , Grey Highlands, Ontario is a Store W/Apt/Office property in Grey Highlands and in the Rural Grey Highlands community in the N0C 1J0 postal code
Mixed-Use Commercial Building in Maxwell. Discover a unique investment opportunity with this strategically positioned mixed-use residential and commercial building. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2, this property offers 4,212 square feet of income-producing rental space, zoned for C2 highway and service commercial use. The building comprises three residential units and one commercial unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the commercial space and measures 1,288 square feet. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property has two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to residential and commercial tenants. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease, offering flexibility for new ownership. The location is unparalleled. It is within a 30-minute drive of Collingwood and Blue Mountain and close to a range of amenities, including schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, making it an attractive place to live, work, and play. This property represents a rare opportunity to invest in a versatile building with a proven track record of income generation in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this commercial mixed-use building in Maxwell offers potential..
Extras
Rental Propane Tank is currently the responsibility of the tenant. New windows, insulation, hot water tank 2022 (owned), shingles 2015, eavestroughs, soffits, facia, a well water system 2019, an upgraded hydro panel, and an oil tank 2023..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2024-07 | 2024-10 | $459,000 | $459,000 | Exp | X8492130 |
2024-10 | 2024-10 | $449,000 | $449,000 | New | X9392199 |
2024-10 | $449,000 | $449,000 | X9392344 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Grey Highlands :
Estimated running costs for 408002 Grey Rd 4
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $1522 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $161 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Level
-
Place Of Worship
-
School
Payment calculator
-
Principal and Interest
1522 /mo
-
Property Taxes
$161 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.