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    For Sale - 105 Garafraxa Street, West Grey, Ontario

    Est payment $2,348/mo
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    Views   1
    Time on Jump  53 day

    AI Summary *

    • Prime corner location with high visibility at busy Highway 6 and Grey Road 4.
    • Attractive updated façade with timber accents and sleek black finishes.
    • Bright main level commercial space featuring high ceilings and current tenant.
    • Three well-maintained residential apartments with reliable tenants on the second level.
    • Potential for additional street-level commercial space with separate access.




    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.
    Listing IDX13224016
    Address105 Garafraxa Street
    CityWest Grey, Ontario
    Price$489,000
    Bed / Bath4 / 4 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    Land Size0.042
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro Meter, OtherOwnership FreeholdWaterfront NoneBasement Unfinished, FullFoundation StoneHeating / Cooling Forced AirHeating Fuel ElectricSewer Sewer

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    Listing Agency:  Royal LePage RCR Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    105 Garafraxa Street
    West Grey , Ontario
    4 4 $489,000
    Get more info