408002 GREY RD 4

Multi-family For Sale in Grey Highlands, Ontario

$449,000
  • 7 Beds
  • 1 Baths
  • 8,762 Sq. Ft.
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:4069)
Address 408002 GREY RD 4
List Price $449,000
Property Type Multi-family
Type of Dwelling Multi-Family
Area Ontario
Sub-Area Grey Highlands
Bedrooms 7
Bathrooms 1
Floor Area 8,762 Sq. Ft.
Lot Size 58.5 x 150 FT Ac.
MLS® Number X9392344
Listing Brokerage ROYAL LEPAGE MEADOWTOWNE REALTY
Postal Code N0C1J0
Zoning C2 Store with Legal 2 Residential Units
Site Influences Highway
Features Irregular lot size

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1525 16th St E Owen Sound Ontario N4K 5N3

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