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$449,900
Available - For Sale
Listing ID: X13127982
Located in the growing community of Durham, this solid mixed-use property offers an excellent opportunity for investors or buyers looking to offset living expenses with rental income. The main floor commercial unit is currently occupied by a long-term tenant who has been in place for the past three years and would love to stay on. In addition, there is a second smaller street-level commercial space currently being used for storage, offering future potential for additional rental income or business use. The upper level features a spacious and nicely updated two-bedroom apartment complete with hardwood floors, a kitchen island, semi-open concept layout, private fenced yard, and a newer detached single-car garage built in 2025. Built into a hill, the property offers the convenience of traditional street-front access as well as ground-level rear entry to the apartment from the back alleyway. Several important updates have already been completed, including a new roof in 2022, updated front and rear siding, and several newer windows, including the large storefront windows. Whether you are looking for a comfortable owner-occupied property with income potential or a fully tenanted investment opportunity, this versatile property is well worth a look. Call today to arrange your private viewing.
Price $449,900
Taxes: $2,218
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner+T
Address: 151 Garafraxa Street South , West Grey, N0G 1R0, Grey County
Postal Code: N0G 1R0
Province/State: Grey County
Legal Description: PT LT 10 E/S GARAFRAXA RD PL 500 DURHAM
Directions/Cross Streets: Lambton Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 2,300
Total Area Code:  Square Feet
Office/Appartment Area: 1150
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
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Peak Edge Realty Ltd.

151 Garafraxa Street South , West Grey, N0G 1R0, Grey County

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Store W Apt/Office
Area: Grey County
Municipality: West Grey
Neighbourhood: West Grey
Style:
Lot Size: x 130.00(Feet)
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Tax: $2,218
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949