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Royal LePage
Royal LePage
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$489,000

105 GARAFRAXA STREET S, West Grey, Ontario, N0G 1R0

MLS® # X13224016

West Grey ON, N0G 1R0

MLS® # X13224016

Property Information:

Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air, Heat Pump, Radiant heat
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 24 Feet
  • Lot Size: 24 x 90 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
  • Zoning: C1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Street

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 105 GARAFRAXA STREET S, West Grey, Ontario, N0G 1R0

Demographic Information of 105 GARAFRAXA STREET S, West Grey, Ontario, N0G 1R0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$82,569.15

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

32.82 %

High school certificate or equivalent

31.41 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

22.74 %

University certificate (below bachelor)

0.02 %

University Degree

6.75 %

Commuter

Travel To Work

By Car

93.18 %

By Public Transit

0.0 %

By Walking

5.27 %

By Bicycle

0.0 %

By Other Methods

1.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.87 %

Houses

74.13 %

Own Vs. Rent

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