$449,000
FOR SALE

Investment

Lot: 58.5 x 150 ftTotal Area: 8,761.81 ft2
2024 Taxes: $1,937.52

408002 Grey Rd 4
Grey Highlands, ON N0C 1J0 | Rural Grey Highlands | Grey County

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.
Share
Listed By ROYAL LEPAGE MEADOWTOWNE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9392344
Last Updated Oct 11, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 372620207
Legal Description PT LT 11 CON 6 OSPREY AS IN R359970; GREY HIGHLANDS
Occupancy Tenant
Possession Date 30 Days TBA
Taxes (2024) $1,937.52
Tax Type Annual
Directions/Cross Streets South East Corner of Grey Road 2 & 4
Neighbourhood Rural Grey Highlands
Area Grey County
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 1
Lot 58.5 x 150 ft
Retail Area 1,288 ft2
Office/Apt Area 2,924 ft2
Total Area 8,761.81 ft2
Approximate Age 100+
Air Conditioning Part
Basement Y
Garage Type None
Parking Spaces 6
Heat Type Oil Forced Air
Area Influences Major Highway
Sprinklers N
Sewers Septic
Utilities Y
Water Supply Types Drilled Well
Water Well
Survey N
Lot/Bldg/Unit Code Lot
Zoning C2 Store with Legal 2 Residential Units
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)