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Home ON Grey Highlands
408002 GREY RD 4
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408002 GREY RD 4 $449,000
$449,000
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408002 GREY RD 4
Grey Highlands, Ontario N0C1J0

MLS® Number: X9392344
7
Bedrooms
1
Bathrooms
8762
Square Feet

Listing Description

Investment or redevelopment opportunity: 58.5ft x 150 ft corner lot with prime mixed-use building at Grey Rd 4 & 2 in Maxwell. 4,212 sq ft with income from 2 residential units and 1 commercial unit. Many updates in a great location with mixed-use C2 highway and service commercial zoned building. The building includes Residential Unit 1 at 2,106 sq ft, Residential Unit 2 at 1,288 sq ft, and Residential Unit 3, a 1,288 sq ft studio combined with Commercial Unit 4. Significant updates ensure the building's efficiency and comfort, featuring windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, fascia, a well water system, hydro panel, and an oil tank [2023]. Two separate hydro meters provide convenience and cost management, while ample parking for 6 vehicles caters to both residential and commercial tenants. Currently, the residential units are occupied by long-term tenants on a month-to-month basis. Located within a 30-minute drive of Collingwood and Blue Mountain and close to various amenities such as schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, this property is an attractive place to live, work, and play. This versatile building is a rare opportunity to expand your investment portfolio or establish a live-work setup. Do not miss out on this exceptional commercial investment in Maxwell. **** EXTRAS **** Tenants on month to month leases. Retail space current shared with 3rd residential tenant. Great corner location for re-purpose. Building has no historical value. Floor plan does not record Unit 1. The property is offered as is, where is. (36923220)

Location Description

South East Corner of Grey Road 2 & 4

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
8762 sqft
Community Name
Rural Grey Highlands
Land Size
58.5 x 150 FT
Annual Property Taxes
$1,937.52
Total Parking Spaces
6
Time on REALTOR.ca
35 days

Building

Bathrooms
Total
1
Interior Features
Appliances Included
Dryer, Refrigerator, Two stoves, Washer
Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Oil)
Utilities
Utility Sewer
Septic System
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Highway
Parking
Total Parking Spaces
6

Measurements

Square Footage
8762 sqft

Land

Lot Features
Frontage
58 ft ,6 in
Land Depth
150 ft
Other Property Information
Zoning Description
C2 Store with Legal 2 Residential Units
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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