408002 County Rd 4 Rd
Grey Highlands, N0C1J0
For Sale
$479,000
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Apartment
CATEGORY4,212 Sq Ft
TOTAL AREAX8187334
MLSIDContact Us
Property Description
Investment opportunity. This commercial mixed-use C2 highway and service commercial zoned building offers 4,212 sq ft of income-producing rental space in Maxwell. Live and work opportunity on a busy corner of Grey Rd 4 & 2. Res Unit 1- 2,106 SF; Res Unit 2 1,288 SF; Res Unit 3 Studio is combined with Com Unit 4- 1,288 SF. 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. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and oil tank. The property has two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to residential and commercial tenants. 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. The location is unparalleled, within a 30-minute drive of Collingwood & 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 in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this commercial mixed-use building in Maxwell offers potential.
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Extras
Floor plan does not record Unit 1. Includes all chattels owned by Seller. Excludes Tenants' belongings. The property is offered as is, where is.
Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
Commercial & Residential
Total Area
4,212 Sq Ft
Office/Apartment Area
3,394 Sq Ft
Retail Area
1,288 Sq Ft
Lot Size
58' x 150'
Taxes
$1,933 (2023)
Parking Spaces
6
Washrooms
3
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Listing contracted with Royal Lepage Meadowtowne Realty
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