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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:4014)

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