408002 County Road 4 Road, Grey Highlands | Image 1

408002 County Road 4 Road

Grey Highlands, Rural Grey Highlands

  • 7 bed 3 bath 3500 sqft
$479,000 est.*: $1,623/mo
For Sale

Added 4 weeks ago

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  • Type: Triplex

  • Style: 2-Storey

  • Size: 3500 sqft

  • Lot Size: 58.5 x 150 Feet

  • Age: 100+ years

  • Taxes: $1,933 per year

  • Added: Apr 01, 2024 (4 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X8187330

  • Listed By: Royal lepage meadowtowne realty

LIVE / WORK Opportunity: This Retail and Residential Building offers you a unique investment and live-work opportunity in Maxwell. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2. This property offers 4,212 square feet of rental space, comprising of two residential units and one retail 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 retail 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 is equipped with two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to both residential and retail needs. 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. Unit 1: 2 bedroom with Kitchen and 3 pc washroom Unit 2: 2 bedroom with Kitchen and 4 pc washroom Unit 3 Retail area combined with Unit 4: Bachelor Kitchenette 3 pc washroom & Fireplace. 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 mixed-use building in Maxwell offers potential.

Extras

Rental Propane Tank. Includes all chattels owned by Seller. Excludes Tenants' belongings. The property is offered as is, where is.

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2-Storey

  • Size (sq ft): 3500

  • Age: 100+

  • Area: Grey Highlands

  • Community: Rural Grey Highlands

  • Availability Date: TBA

Inside

  • Bedrooms: 7

  • Bathrooms: 3

  • Kitchens: 3

  • Rooms: 16

  • Den/Family Room: Yes

  • Air Conditioning: Window Unit

  • Fireplace: Yes

  • Laundry Level: Upper

  • Central Vacuum: Y

  • Washrooms: 3

Utilities

  • Electricity: Yes

  • Gas: No

  • Cable: No

  • Telephone: Available

Building

  • Basement: Part Bsmt

  • Heat Type: Forced Air

  • Heat Source: Oil

  • Exterior: Brick

  • Exterior: Metal/Side

  • Elevator: N

  • Water Supply Type: Drilled Well

  • Water Supply: Well

  • Special Designation: Unknown

  • Other Structures: Garden Shed

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: 408002 Gray Road 4, Maxwell

  • Taxes: $1,933

Highlights

  • Feature: School

Land

  • Cross Street: Grey County Road 2

  • Municipality District: Grey Highlands

  • Fronting On: North

  • Parcel Number: 372620207

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 150 Feet

  • Lot Frontage: 58.5 Feet

  • Acres: < .50

  • Zoning: Commercial & Res

  • Easements Restrictions: Unknown

  • Rural Services: Electrical

  • Rural Services: Garbage Pickup

  • Rural Services: Internet Other

  • Rural Services: Pwr-Single Phase

  • Rural Services: Recycling Pckup

  • Water Delivery Features: Uv System

  • Water Delivery Features: Water Treatmnt

Rooms

Room details for 408002 County Road 4 Road, Grey Highlands

Type Dimensions
Office Main 5.82 x 11.34
Br Main 4.66 x 6.00
Living Main 4.66 x 4.66
Kitchen Main 3.80 x 5.33
2nd Br 2nd 2.44 x 4.30
3rd Br 2nd 3.38 x 4.30
4th Br 2nd 3.38 x 4.30
Living 2nd 4.33 x 4.91
Kitchen 2nd 3.97 x 3.98
5th Br 2nd 2.74 x 3.97
Br 2nd 2.74 x 3.97
Office Main 2.74 x 2.74
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Map of 408002 County Road 4 Road, Grey Highlands
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