For Sale

126 GARAFRAXA Street, West Grey, Ontario N0G 1R0

$389,000

126 GARAFRAXA Street, West Grey, Ontario N0G 1R0 is For Sale and has a listing price of 389,000. The property is located in the West Grey neighbourhood . It's been on the website for 1 Day.

  • MLS ID: X12638586
  • Office Name LUXE HOME TOWN REALTY INC.
Property Description

Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling ‘As Is’. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow…New Metal Roof, Boiler Heat. Upstairs $1600, Main floor $1200, Basement $1000, Side retail $700, Storage $800 (Potential income )Utilities: $700/Month

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12638586
  • Price: $389,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 165
  • Ref ID: X12638586
  • Dir / Cross St: Garafraxa st./Lambton St.
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/17/2025 X12638586 $389,000 For Sale - -
06/18/2025 X12229925 $425,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Grey
  • $932,168 Average List Price
    based on 1 year
  • 48 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 92.8 % Up
  • Sold (12mo) 192
  • Rented (12mo) 9

  • 1 Month Change -91.4%
  • 3 Month Change -95.0%
  • 6 Month Change -91.8%
Walkscore
Property Type Distribution
  • All Houses
    74.11%
  • All Houses/Commercial
    0.12%
  • Commercial
    22.86%
  • Condo
    0.71%
  • Land for Sale
    2.19%
Additional Details
  • Heat Type Other
  • Garage Type Y
  • Taxes: $5,307
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 17/12/2025 16:14:39
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