Price Reduction - Golf Course
Address
408002 County Rd 4 Rd, Grey Highlands, ON
Price
$ 469,000
Property Attributes
  • MLS#X8187330
  • TypeSingle Family
  • CityGrey Highlands
  • AreaRural Grey Highlands
  • NeighbourhoodGrey Highlands
  • Postal CodeN0C 1J0
  • Style2-Storey
  • Taxes$ 1932
  • Price$ 469,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4250
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
4/1/2024 Listed $479,000
5/14/2024 3% - $469,000

General Features

Water Well
Zoning Commercial & Residential
Garage Spaces 0.0
Extras Rental Propane Tank. Includes all chattels owned by Seller. Excludes Tenants' belongings. The property is offered as is,where is.
Style 2-Storey
Heater Type Forced Air
Parking Spaces 6
Community Amenities Rural Grey Highlands
Rooms 16
Elevator No
Area Grey County
Tax Year 2023
Lot Depth 150.00
Basement Part Bsmt
UtilitiesCable No
UtilitiesGas No
UtilitiesHydro Yes
UtilitiesTelephone A
Status A
Features School
Taxes 1932.52
Legal Description 408002 Gray Road 4,Maxwell
ApproxAge 100+
Square Footage Range 3500-5000
Property Sub Type Triplex
Lot Front 58.50
Type .K.

Interior Features

Family Room Yes
Total Bedrooms 7
Heat Source Oil
A/C Window Unit
Kitchens 3
Central Vac Yes
Fireplace Stove Yes
Laundry Level Upper
Washrooms 3

Exterior Features

Pool None
Garage Type None
Drive Private
Exterior Brick
Exterior Metal/Side
Fronting On NSEW No
Sewers Septic
Acreage < .50

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N0C 1J0

Price
AVG $660K
$470K
Taxes
AVG $2,993
$1,932
Visits
AVG 480
500
Data Provided by Inside Real Estate®

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Your Agent

Ryan Nie

Ryan Nie

Real Estate Agent

905-476-0111

Listed By
ROYAL LEPAGE MEADOWTOWNE REALTY

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