$459,000
FOR SALE

Detached 2 Level

Bedrooms: 5Bathrooms: 3Lot: 58 x 150 ft

408002 Grey Road 4
Maxwell, ON N0C 1J0

LIVE / WORK convenience of being your own boss with additional income. Discover a unique investment and live-work opportunity with this prime retail and residential building occupying a 58x150 ft corner site. Located at the bustling intersection of Grey Rd 4 & 2, this property spans 4,212 square feet, featuring two residential units and one retail unit, providing a diversified income stream. Residential Unit 1 is a spacious 2,106 sq ft, offering 2 bedrooms, a kitchen, and a 3 pc washroom. Residential Unit 2 is 1,288 sq ft, also with 2 bedrooms, a kitchen, and a 4 pc washroom. Unit 3, a studio combining retail space, measures 1,288 sq ft and includes Unit 4 a bachelor unit with a kitchenette, 3 pc washroom, and fireplace. The property is equipped with ample parking for 6 cars. Significant updates have been made, including windows, insulation, a hot water tank (owned), updated shingles, eavestroughs, soffits, fascia, water system, hydro panel, and oil tank. Additionally, the property features 2 hydro meters for convenience and cost management. The location is unparalleled, within a 30-minute drive of Collingwood and Blue Mountain. It is also close to various 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. The residential units are currently occupied by long-term tenants on a month-to-month basis, offering flexibility for new ownership. This versatile building, with a proven track record of income generation, is perfect for those looking to expand their investment portfolio or establish a live-work setup. The property is offered as is, where is, and includes all chattels owned by the seller. 2nd Flr Unit 1 room sizes are estimated. (id:47421)
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Listed By Royal LePage Meadowtowne Realty Brokerage
Data Provided By Guelph & District Association of REALTORS®
MLS® Listing Number 40614556
Last Updated Jul 13, 2024
Property Summary
Property Type Detached

More like this:
Subdivision Grey Highlands
Price History

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Detailed Information
Bedrooms 5
Bathrooms 3
Lot 58 x 150 ft
Amenities Nearby Golf Nearby, Place of Worship, Schools, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area, School Bus
Equipment Propane Tank
Features Visual exposure, Conservation/green belt, Crushed stone driveway, Country residential, Sump Pump
Listing Contract Date 2024-07-01
Location Description Cty Rd 124 & West on Grey Rd 4 OR Hwy 10 & East on Grey Rd 4.
Ownership Type Freehold
# of Parking Spaces 6
Property Type Single Family
Rental Equipment Propane Tank
Structures Shed, Porch
Transaction Type For sale
Zoning Description C2
Building
Appliances Central Vacuum, Dryer, Refrigerator, Satellite Dish, Stove, Water purifier, Washer, Hood Fan
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Partial (Unfinished)
Constructed Date 1890
Construction Style (Attachment) Detached
Cooling Type Window air conditioner
Exterior Finish Aluminum siding, Brick, Stone
Fireplace Present Yes
# of Fireplaces 1
Fixture Ceiling fans
Foundation Type Stone
Heating Fuel Electric, Propane
Heating Type Baseboard heaters, Forced air, Radiant heat
Stories Total 2
Type House
Utility Water Well
Rooms
Room Level Dimensions Notes
Kitchen/Dining roomSecond level22'5'' x 15'
BedroomSecond level10'10'' x 10'0''
BedroomSecond level10'10'' x 9'8''
Eat in kitchenSecond level9'8'' x 9'1''
Living roomSecond level16'10'' x 14'2''
BedroomSecond level14'1'' x 8'0''
Laundry roomSecond level14'1'' x 11'10''
BedroomSecond level15'2'' x 9'4''
BedroomSecond level14'1'' x 12'10''
4pc BathroomSecond levelMeasurements not available
StorageMain level9'8'' x 9'1''
Laundry roomMain levelMeasurements not available
3pc BathroomMain levelMeasurements not available
3pc BathroomMain levelMeasurements not available
Utilities
Type Description
ElectricityAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Golf Nearby, Place of Worship, Schools, Shopping
Fence Type Partially fenced
Sewer Septic System

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