105 Garafraxa Street S, West Grey, Ontario

$489,000

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4

Beds

4

Baths

About 105 Garafraxa Street S

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:36535)

Features of 105 Garafraxa Street S

Listing # X13224016
Price $489,000
Bedrooms 4
Bathrooms 4.00
Half Baths 1
Acres 0.00
Type Multi-family

Community Information

Address 105 Garafraxa Street S
Subdivision West Grey
City West Grey
Province Ontario
Postal Code N0G1R0

Amenities

Amenities Separate Electricity Meters
Utilities Cable, Electricity, Sewer
Parking No Garage, Street
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator
Heating Electric, Natural gas Forced air, Heat Pump, Radiant heat
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick
Lot Description 24 x 90 FT|under 1/2 acre
Foundation Stone

Listing Details

OfficeCourtesy Of Royal LePage RCR Realty

Listing Map