105 Garafraxa Street S, West Grey, ON N0G 1R0
- $489,000
- 4
- BD
- 4
- BA
- 3,500
- SqFt
- List Price
- $489,000
- MLS#
- X13224016
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- West Grey
- Area
- Grey County
- Neighborhood
- West Grey
- Subdivision
- Se Corner Of Lambton St E And Garafraxa St S
Property Description
Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available.
/u.realgeeks.media/homesfound/Mark_Risi_600x800.png)
Additional Information
- Taxes
- $3,934
- Heat Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning
- Central Air
- Kitchens
- 3
- Exterior
- Brick
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Type
- Street Only
Mortgage Calculator
Listing courtesy of Royal LePage RCR Realty.