For Sale

408002 Grey Rd 4, Grey Highlands, Ontario N0C1J0

$449,000

408002 Grey Rd 4, Grey Highlands, Ontario N0C1J0 is For Sale and has a listing price of 449,000. The property is located in the West Grey neighbourhood. It's been on the website for 41 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 7
    Bedrooms
  • 3
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: X9392199
  • Office Name ROYAL LEPAGE MEADOWTOWNE REALTY
Property Description

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:43137)

Property Details
  • Bedrooms: 7
  • MLS ID: X9392199
  • Bathrooms: 3
  • Price: $449,000
  • Transaction Types: For Sale
  • Ref ID: 27530451
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/10/2024 X9392344 $449,000 For Sale - -
10/10/2024 X9392199 $449,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom 5 - Second 3.97 x 2.74
Bedroom - Second 3.97 x 2.74
Bedroom 2 - Second 4.3 x 2.44
Bedroom 3 - Second 4.3 x 3.38
Bedroom 4 - Second 4.3 x 3.38
Living room - Second 4.91 x 4.33
Kitchen - Second 3.98 x 3.97
Office - Main 2.74 x 2.74
Office - Main 11.34 x 5.82
Bedroom - Main 6 x 4.66
Living room - Main 4.66 x 4.66
Kitchen - Main 5.33 x 3.8
Neighborhood Stats
West Grey
  • $917,766 Average List Price
    based on 1 year
  • 29 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 84.87 % Up
  • Sold (12mo) 46
  • Rented (12mo) 1

  • 1 Month Change +8.7%
  • 3 Month Change +6.6%
  • 6 Month Change +35.3%
Walkscore
Property Type Distribution
  • All Houses
    71.92%
  • All Houses/Commercial
    0.3%
  • Commercial
    21.25%
  • Condo
    0.98%
  • Land for Sale
    5.56%
Additional Details
  • Sewers Septic System
  • Heat Source Oil
  • Basement2 Partial
  • Heating System Forced Air
  • Exterior Brick, Steel
  • Cooling System Window Air Conditioner
  • Total Parking Spaces: 6
  • Property Features Level Lot, Flat Site, Irregular Lot Size, Dry
  • Fireplace True
  • Security Smoke Detectors
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/10/2024 00:00:00
  • Zoning Srr
  • Agent Name: DENISE DILBEY
  • Last Updated: 27/10/2024 17:08:53
Open House Dates
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