Investment pportunity: 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. (id:47421)
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Detailed Information
Lot
58 x 150 ft
Amenities Nearby
Schools
Community Features
High Traffic Area
Equipment
Propane Tank
Features
Visual exposure, Crushed stone driveway
Listing Contract Date
2024-10-10
Location Description
Intersection of Grey County Road 4 & Grey County Road 2
Ownership Type
Freehold
Property Type
Other
Rental Equipment
Propane Tank
Signage
Pylon, Signband
Transaction Type
For sale
Zoning Description
C2 & Residential
Building
Basement Type
Partial
Constructed Date
1890
Exterior Finish
Aluminum siding, Brick Veneer
Fire Protection
Alarm system
Foundation Type
Stone
Stories Total
2
Size (Exterior)
4212
Utility Water
Well
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Schools
Sewer
Septic System
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