ON > Grey Highlands
Grey Highlands, ON N0C 1J0,408002 Grey Rd 4 N/A
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Grey Highlands, ON N0C 1J0,408002 Grey Rd 4 N/A
Grey Highlands, ON N0C 1J0,408002 Grey Rd 4 N/A
Grey Highlands, ON N0C 1J0,408002 Grey Rd 4 N/A
Grey Highlands, ON N0C 1J0,408002 Grey Rd 4 N/A
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Erika Alvarenga

Erika Alvarenga

+1(437) 372-5051
$ 449,000
Est. payment /mo
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Price Dropped by $4.0M

408002 Grey Rd 4 N/A Grey Highlands, ON N0C 1J0

7 Beds

3 Baths

UPDATED:

10/27/2024 04:31 PM

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X9392199

Style 2-Storey

Bedrooms 7

Annual Tax Amount $1,937

Tax Year 2024

Property Description

Mixed-Use Commercial Building in Maxwell. Discover a unique investment opportunity with this strategically positioned mixed-use residential and commercial building. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2, this property offers 4,212 square feet of income-producing rental space, zoned for C2 highway and service commercial use. The building comprises three residential units and one commercial unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the commercial space and measures 1,288 square feet. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an 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. It is within a 30-minute drive of Collingwood and 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 generation 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.

Location

State ON

County Grey County

Area Rural Grey Highlands

Rooms

Family Room No

Basement Partial Basement

Kitchen 2

Interior

Interior Features Central Vacuum, Propane Tank, Separate Heating Controls, Upgraded Insulation, Water Heater Owned, Water Purifier, Separate Hydro Meter, Water Treatment

Heating Yes

Cooling Window Unit(s)

Fireplaces Type Propane, Living Room

Fireplace Yes

Heat Source Oil

Exterior

Exterior Feature Porch, Year Round Living

Garage Private

Garage Spaces 6.0

Pool None

Waterfront No

View Garden, Pasture, Trees/Woods

Roof Type Asphalt Shingle

Topography Dry,Flat

Parking Type None

Total Parking Spaces 6

Building

Unit Features School,Level,Place Of Worship

Foundation Concrete, Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Erika Alvarenga

Agent

+1(437) 372-5051

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408002 Grey Rd 4 N/A