408002 Grey Road 4, Grey Highlands | Image 1

408002 Grey Road 4

Grey Highlands, Rural Grey Highlands

  • Commercial

$449,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: C2 Store with Le

  • Age: 100+ years

  • Taxes: 1937.52

  • MLS®#: X9392344

  • Days on Site: 17 Days

  • Added: Oct 10, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: ROYAL LEPAGE MEADOWTOWNE REALTY

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.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Grey Highlands

  • Community: Rural Grey Highlands

  • Availability Date: 30 Days TBA

Inside

  • Bathrooms: 1

  • Air Conditioning: Part

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Oil Forced Air

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Water Supply: Well

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 11 CON 6 OSPREY AS IN R359970; GREY HIGHLANDS

  • Taxes: $1,938

  • Taxes Type: Annual

Land

  • Cross Street: South East Corner of

  • Municipality District: Grey Highlands

  • Parcel Number: 372620207

  • Sewer: Septic

  • Lot Depth: 150 Feet

  • Lot Frontage: 58.5 Feet

  • Zoning: C2 Store with Le

Commercial Specific

  • Retail Area: 1288

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 8761.81

  • Total Area Metric: Sq Ft

  • Office Size: 2924

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Lot Code: Lot

  • Survey: N

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Car-Dependent

  • Almost all errands require a car.
5 /100

Somewhat Bikeable

  • Most errands require a car.
30 /100
JK-8

Beavercrest Community School

Elementary: Public
19.81 km
4-8

Highpoint Community Elementary School

Elementary: Public
16.18 km
JK-3

Dundalk & Proton Community School

Elementary: Public
16.06 km
JK-8

Osprey Central School

Elementary: Public
2.22 km
JK-8

St Marys Separate School

Elementary: Catholic
23.58 km
JK-8

Macphail Memorial Elementary School

Elementary: Public
13.36 km
9-12

Collingwood Campus

Secondary: Public
25.86 km
9-12

Stayner Collegiate Institute

Secondary: Public
27.17 km
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Jean Vanier Catholic High School

Secondary: Catholic
25.08 km
9-12

Grey Highlands Secondary School

Secondary: Public
13.09 km
Pre-Grade 9-12

Centre Dufferin District High School

Secondary: Public
29.41 km
9-12

Collingwood Collegiate Institute

Secondary: Public
24.49 km
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