408002 GREY ROAD 4 N/A Active Save Request In-Person Tour Request Virtual Tour
Grey Highlands,ON N0C 1J0
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $106
MLS Listing ID X10875859
Style 2-Storey
Bedrooms 5
Annual Tax Amount $1,937
Tax Year 2024
Property Description
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.
Location
Province ON
County Grey County
Community Rural Grey Highlands
Area Grey County
Region Rural Grey Highlands
City Region Rural Grey Highlands
Rooms
Basement Walk-Up,Separate Entrance
Kitchen 3
Interior
Interior Features Separate Heating Controls,Upgraded Insulation,Water Treatment,Water Purifier,Water Heater Owned,Sump Pump,Central Vacuum
Cooling Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Heat Source Propane
Exterior
Exterior Feature Porch,Year Round Living,Private Entrance
Parking Features Private Double,Other,Reserved/Assigned,Other
Garage Spaces 6.0
Pool None
View Pasture,Trees/Woods
Roof Type Metal,Asphalt Shingle
Topography Level
Total Parking Spaces 6
Building
Unit Features Golf,Fenced Yard
Foundation Stone
New Construction false
Others
Security Features Carbon Monoxide Detectors