Realestate

Property Details

1 of 29
$489,000
105 Garafraxa Street, West Grey, ON N0G 1R0
4
4
MLS®X13224016
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Forced Air
Cooling
Central Air
Lot Size
90 x 24 Feet
Approx Age
N/A
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.
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