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Home ON Grey Highlands
408002 GREY ROAD 4
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408002 GREY ROAD 4 $459,000
2 days ago
$459,000
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408002 GREY ROAD 4
Maxwell, Ontario N0C1J0

MLS® Number: 40614556
5 + 0
Bedrooms
3
Bathrooms
4212
Square Feet

Listing Description

LIVE / WORK convenience of being your own boss with additional income. Discover a unique investment and live-work opportunity with this prime retail and residential building occupying a 58x150 ft corner site. Located at the bustling intersection of Grey Rd 4 & 2, this property spans 4,212 square feet, featuring two residential units and one retail unit, providing a diversified income stream. Residential Unit 1 is a spacious 2,106 sq ft, offering 2 bedrooms, a kitchen, and a 3 pc washroom. Residential Unit 2 is 1,288 sq ft, also with 2 bedrooms, a kitchen, and a 4 pc washroom. Unit 3, a studio combining retail space, measures 1,288 sq ft and includes Unit 4 a bachelor unit with a kitchenette, 3 pc washroom, and fireplace. The property is equipped with ample parking for 6 cars. Significant updates have been made, including windows, insulation, a hot water tank (owned), updated shingles, eavestroughs, soffits, fascia, water system, hydro panel, and oil tank. Additionally, the property features 2 hydro meters for convenience and cost management. The location is unparalleled, within a 30-minute drive of Collingwood and Blue Mountain. It is also close to various 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. The residential units are currently occupied by long-term tenants on a month-to-month basis, offering flexibility for new ownership. This versatile building, with a proven track record of income generation, is perfect for those looking to expand their investment portfolio or establish a live-work setup. The property is offered as is, where is, and includes all chattels owned by the seller. 2nd Flr Unit 1 room sizes are estimated. (67729366)

Location Description

Cty Rd 124 & West on Grey Rd 4 OR Hwy 10 & East on Grey Rd 4.

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
4212 sqft
Subdivision Name
Grey Highlands
Title
Freehold
Land Size
under 1/2 acre
Built in
1890
Annual Property Taxes
$1,937.52
Total Parking Spaces
6
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
3
Interior Features
Appliances Included
Central Vacuum, Dryer, Refrigerator, Satellite Dish, Stove, Water purifier, Washer, Hood Fan
Fixtures Included
Ceiling fans
Basement Type
Partial (Unfinished)
Building Features
Features
Visual exposure, Conservation/green belt, Crushed stone driveway, Country residential, Sump Pump
Foundation Type
Stone
Style
Detached
Architecture Style
2 Level
Rental Equipment
Propane Tank
Structures
Shed, Porch
Total Units
0
Heating & Cooling
Cooling
Window air conditioner
Fireplace
1
Heating Type
Baseboard heaters, (Electric), Forced air, Radiant heat, (Propane)
Utilities
Utility Type
Electricity (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Septic System
Water
Well
Exterior Features
Exterior Finish
Aluminum siding, Brick, Stone
Neighbourhood Features
Community Features
High Traffic Area, School Bus
Amenities Nearby
Golf Nearby, Place of Worship, Schools, Shopping
Parking
Total Parking Spaces
6

Measurements

Square Footage
4212 sqft
Above Grade Finished
4212 sqft
Source: Other

Rooms

MetricImperial
Main level
Storage
Laundry room
3pc Bathroom
3pc Bathroom
Second level
Kitchen/Dining room
Bedroom
Bedroom
Eat in kitchen
Living room
Bedroom
Laundry room
Bedroom
Bedroom
4pc Bathroom

Land

Lot Features
Fencing
Partially fenced
Frontage
58 ft
Land Depth
150 ft
Other Property Information
Access
Road access
Zoning Description
C2
Data provided by: Guelph & District Association of REALTORS® 3-304 Stone Road West Suite 324, Guelph, Ontario N1G 4W4

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