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Royal LePage
Royal LePage
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$725,000

230 GARAFRAXA STREET N, West Grey, Ontario, N0G 1R0

MLS® # X12881772

West Grey ON, N0G 1R0

MLS® # X12881772

Property Information:

4 plex in Durham, ON with incredible income potential. 10% cap rate based on projected rental rates. The largest unity was owner occupied and features a nicely updated kitchen, soaring ceilings and fireplace as focal point. This unit is 2 bedrooms, 2.5 baths, as well as a laundry room. Lower level apartment is a full walkout with 2 bedrooms, 1 bathroom, kitchen, dining, living and laundry. Main level front unit features 2 bedrooms, 1 bathroom, laundry, kitchen and living room. Second level apartment is 2 bedrooms, 1 bathroom, laundry, kitchen, dining and living room. All units are separately metered for hydro. Hot water and hot water heat throughout is fired by natural gas boiler (2012). Units are vacant, set your own rents. Lots of parking available, 2 driveways. There is an attached workshop and mechanical area 9'6x25'. Nice outdoor space including retaining walls, deck and patio areas. Good location in Durham within walking distance to parks and shopping. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities:
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A, N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Concrete, Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Schools
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 165 Feet
  • Lot Frontage: 102.7 Feet
  • Lot Size: 102.7 x 165 FT
  • Structure Type: Shed, Workshop
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 230 GARAFRAXA STREET N, West Grey, Ontario, N0G 1R0

Demographic Information of 230 GARAFRAXA STREET N, 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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