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$479,000
Available - For Sale
Listing ID: X8187334
Investment opportunity. This commercial mixed-use C2 highway and service commercial zoned building offers 4,212 sq ft of income-producing rental space in Maxwell. Live and work opportunity on a busy corner of Grey Rd 4 & 2. Res Unit 1- 2,106 SF; Res Unit 2 1,288 SF; Res Unit 3 Studio is combined with Com Unit 4- 1,288 SF. Unit 1: 2 bedroom with Kitchen and 3 pc washroom Unit 2: 2 bedroom with Kitchen and 4 pc washroom Unit 3 Retail area combined with Unit 4: Bachelor Kitchenette 3 pc washroom & Fireplace. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and oil tank. The property has two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to residential and commercial tenants. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease, offering flexibility for new ownership. The location is unparalleled, within a 30-minute drive of Collingwood & Blue Mountain and close to a range of 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. This property represents a rare opportunity to invest in a versatile building with a proven track record of income in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this commercial mixed-use building in Maxwell offers potential.
Extras:   Floor plan does not record Unit 1. Includes all chattels owned by Seller. Excludes Tenants' belongings. The property is offered as is, where is.
Price $479,000
Taxes: $1,932.52
Tax Type: Annual
Occupancy by: Tenant
Address: 408002 County Rd 4 Rd , Grey Highlands, N0C 1J0, Ontario
Postal Code: N0C 1J0
Province/State: Ontario
Legal Description: 408002 Gray Road 4, Maxwell
Lot Size: 58.5 x 150 (Feet)
Directions/Cross Streets: Grey County Road 2
Zoning: Commercial & Res
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 4,212
Total Area Code:  Sq Ft
Office/Appartment Area: 3394
Office/Appartment Area Code: Sq Ft
Retail Area: 1288
Retail Area Code: Sq Ft
Area Influences: Major Highway   Skiing
Approximatly Age: 100+
Financial Statement: N
Chattels: Y
Franchise: N
Taxes Expense: $1933
Insurance Expense: $2600
 Heat Expenses: $6000
Water Expense: $0
Other Expenses: $960
Gross Income/Sales: $31000
Expenses Actual/Estimated: $Est
# Trailer Parking Spots: 1
Outside Storage: N
Clear Height Feet: 6
Heat Type: Oil Forced Air
Central Air Conditioning: N
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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ROYAL LEPAGE MEADOWTOWNE REALTY

408002 County Rd 4 Rd , Grey Highlands, N0C 1J0, Ontario

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

 
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At a Glance:
Type: Com - Investment
Area: Grey County
Municipality: Grey Highlands
Neighbourhood: Rural Grey Highlands
Style:
Lot Size: 58.50 x 150.00(Feet)
Approximate Age: 100+
Tax: $1,932.52
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
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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