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408002 Grey County Rd 4

Grey County Rd 4Grey HighlandsON, N0C 1J0

5
Beds
3
Baths
4,212
Sq. Ft.
$449,000
List Price
408002 Grey County Rd 4, Grey Highlands, ON - 1 of 3
408002 Grey County Rd 4, Grey Highlands, ON - 2 of 3
408002 Grey County Rd 4, Grey Highlands, ON - 3 of 3
36 days on market

Quick Summary

  • Spacious mixed-use property with retail and residential units
  • Prime location at the bustling intersection of Grey Rd 4 & 2
  • Diversified income stream from two residential and one retail unit
  • Recent updates to improve building efficiency and comfort
  • Ample parking for 6 vehicles to serve residential and retail
  • Residential units currently occupied by long-term tenants
  • Convenient location near Collingwood, Blue Mountain, and amenities
  • Attractive live-work-play opportunity in a scenic area

This legal duplex property offers mixed use Retail and Residential offering a unique investment and live-work potential 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... Show More

This legal duplex property offers mixed use Retail and Residential offering a unique investment and live-work potential 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. 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. Unit 1: 2 bedroom with Kitchen and 3 pc washroom Unit 2: 4 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. The property is offered as is, where is. (id:54626)

Property Details

Size

4,212 sq. ft.
14 total rooms across 2 floors
5 Beds
5 Above Grade
3 Baths
3 Full

Parking

6 Parking Spaces
-

Lot

Size
696′0″ * 1800′0″
Acres
-

Build

Year Built
1890
Model Name
-
Basement
Unfinished
Exterior
Aluminum siding, Brick, Stone
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Forced air, Radiant heat
Cooling
Window air conditioner

Utilities

Water
Well
Sewer
Septic System
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Rooms

Kitchen/Dining room

15′0″ x 22′5″

Bedroom

10′0″ x 10′10″

Bedroom

9′8″ x 10′10″

Eat in kitchen

9′1″ x 9′8″

Living room

14′2″ x 16′10″

Bedroom

8′0″ x 14′1″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40661755
Last Updated
October 27, 2024
Brokerage
Royal LePage Meadowtowne Realty Brokerage
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