Address
408002 COUNTY RD 4 ROAD, Grey Highlands, ON
Price
$ 469,000
Property Attributes
  • ID#X8187330
  • TypeSingle Family
  • CityGrey Highlands
  • NeighbourhoodRural Grey Highlands
  • Postal CodeN0C 1J0
  • Style
  • Price$ 469,000
  • Bedrooms7
  • Bathrooms3
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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:7434)

General Features

Features Irregular lot size,Flat site,Dry
Property Type Single Family
CommunityName Rural Grey Highlands
Ammenities Schools
Building Amenities Separate Heating Controls,Separate Electricity Meters
Building Appliances Central Vacuum,Water Heater,Water purifier,Water Treatment,Dryer,Refrigerator,Stove,Washer
Building Cooling Type Window air conditioner
Parking Space Total 6
Foundation Type Concrete,Stone
Building Type Triplex
Building.StoriesTotal 2

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Heating Type Forced air
Building Heating Fuel Oil
Basement Type Partial

Exterior Features

Structure Porch
Land Amenities Schools
Sewer Septic System
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N0C 1J0

Price
AVG $1.12M
$470K
Visits
AVG 218
323
Data Provided by Inside Real Estate®