Royal LePage Don Hamilton Real Estate Brokerage
408002 Grey Rd 4 Grey Highlands, Ontario N0C 1J0
$449,000
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. **** EXTRAS **** Rental Propane Tank is currently the responsibility of the tenant. New windows, insulation, hot water tank 2022 (owned), shingles 2015, eavestroughs, soffits, facia, a well water system 2019, an upgraded hydro panel, and an oil tank 2023. (id:51300)
Property Details
| MLS® Number | X9392199 |
| Property Type | Retail |
| Community Name | Rural Grey Highlands |
| AmenitiesNearBy | Schools, Place Of Worship |
| EquipmentType | Propane Tank |
| Features | Level Lot, Irregular Lot Size, Flat Site, Dry |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Propane Tank |
| Structure | Porch, Shed |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Amenities | Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
| Appliances | Central Vacuum, Water Heater, Water Purifier, Water Treatment |
| BasementType | Partial |
| ConstructionStatus | Insulation Upgraded |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick, Steel |
| FireProtection | Smoke Detectors |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FoundationType | Concrete, Stone |
| HeatingFuel | Oil |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| LandAmenities | Schools, Place Of Worship |
| Sewer | Septic System |
| SizeDepth | 150 Ft |
| SizeFrontage | 58 Ft ,6 In |
| SizeIrregular | 58.5 X 150 Ft |
| SizeTotalText | 58.5 X 150 Ft|under 1/2 Acre |
| ZoningDescription | C2 Store With Legal 2 Residential Units |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 5 | 3.97 x 2.74 | ||
| Second Level | Bedroom | 3.97 x 2.74 | ||
| Second Level | Bedroom 2 | 4.3 x 2.44 | ||
| Second Level | Bedroom 3 | 4.3 x 3.38 | ||
| Second Level | Bedroom 4 | 4.3 x 3.38 | ||
| Second Level | Living Room | 4.91 x 4.33 | ||
| Second Level | Kitchen | 3.98 x 3.97 | ||
| Main Level | Office | 2.74 x 2.74 | ||
| Main Level | Office | 11.34 x 5.82 | ||
| Main Level | Bedroom | 6 x 4.66 | ||
| Main Level | Living Room | 4.66 x 4.66 | ||
| Main Level | Kitchen | 5.33 x 3.8 |
Utilities
| Electricity Connected | Connected |
| DSL* | Unknown |
| Wireless | Available |
https://www.realtor.ca/real-estate/27530451/408002-grey-rd-4-grey-highlands-rural-grey-highlands
Denise Dilbey
Broker
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