For Sale - 105 Garafraxa Street, West Grey, Ontario

Est payment $2,348/mo
Views   1
Time on Jump  144 day
  • 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 Brokerage: Royal LePage RCR Realty

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105 Garafraxa Street
West Grey , Ontario
4 4 $489,000
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