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408002 Grey Rd 4 Grey Highlands, Ontario N0C 1J0

7 Bedroom 1 Bathroom 8761.81 sqft
Partially Air Conditioned Forced Air

$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:43390)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X9392344
Property Type Multi-family
Community Name Rural Grey Highlands
AmenitiesNearBy Highway
Features Irregular Lot Size
ParkingSpaceTotal 6

Building

BathroomTotal 1
BedroomsTotal 7
Appliances Dryer, Refrigerator, Two Stoves, Washer
CoolingType Partially Air Conditioned
HeatingFuel Oil
HeatingType Forced Air
SizeInterior 8761.81 Sqft
Type Multi-family

Land

Acreage No
LandAmenities Highway
Sewer Septic System
SizeDepth 150 Ft
SizeFrontage 58 Ft ,6 In
SizeIrregular 58.5 X 150 Ft
SizeTotalText 58.5 X 150 Ft
ZoningDescription 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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Denise Dilbey
Broker


Royal LePage Meadowtowne Realty
324 Guelph Street Suite 12
Georgetown, Ontario L7G 4B5

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