126 Garafraxa Street N West Grey, Ontario N0G 1R0


Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming from 2 residential units , Dentistry & Massage Parlour. Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx. 1000 sq. ft. and1 bedroom 400 sqft. Walk out basement is undeveloped and has potential to generate around $1200/month. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Rental from full property around -$4,700.00 (Includes Garage rental worth $250.00). Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat. (id:51300)

Property Details

MLS® Number 40497842
Property Type Office
Neigbourhood Durham


Basement Type Partial
Stories Total 2
Size Exterior 2200.0000
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 30 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description C1h


Isha Sachdeva

(647) 325-1366

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