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

7 Bedroom 3 Bathroom
Fireplace Window Air Conditioner Forced Air

$479,000

LIVE / WORK Opportunity: This Retail and Residential Building offers you a unique investment and live-work opportunity in Maxwell. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2. This property offers 4,212 square feet of rental space, comprising of two residential units and one retail 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 retail 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 is equipped with two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to both residential and retail needs. 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. 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. 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 mixed-use building in Maxwell offers potential. **** EXTRAS **** Rental Propane Tank. Includes all chattels owned by Seller. Excludes Tenants' belongings. The property is offered as is, where is. (id:51300)

Property Details

MLS® Number X8187330
Property Type Single Family
Community Name Rural Grey Highlands
Amenities Near By Schools
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 7
Bedrooms Total 7
Basement Type Partial
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fireplace Present Yes
Heating Fuel Oil
Heating Type Forced Air
Stories Total 2
Type Triplex

Land

Acreage No
Land Amenities Schools
Sewer Septic System
Size Irregular 58.5 X 150 Ft
Size Total Text 58.5 X 150 Ft

Rooms

LevelTypeDimensions
Second Level Bedroom 2 4.3 m x 2.44 m
Second Level Bedroom 3 4.3 m x 3.38 m
Second Level Bedroom 4 4.3 m x 3.38 m
Second Level Living Room 4.91 m x 4.33 m
Second Level Kitchen 3.98 m x 3.97 m
Second Level Bedroom 5 3.97 m x 2.74 m
Second Level Bedroom 3.97 m x 2.74 m
Main Level Office 11.34 m x 5.82 m
Main Level Bedroom 6 m x 4.66 m
Main Level Living Room 4.66 m x 4.66 m
Main Level Kitchen 5.33 m x 3.8 m
Main Level Office 2.74 m x 2.74 m

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/26688295/408002-county-rd-4-rd-grey-highlands-rural-grey-highlands


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