105 Garafraxa Street S,West Grey, ON N0G 1R0
West Grey, ON N0G 1R0
Description
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.
Details
| MLS # | X13224016 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 97 |
| Listing Provided By | Royal LePage RCR Realty | X13224016 571602 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.05 |
| Water Front | None |
Interior
| Interior Features | Separate Hydro Meter, Other |
|---|---|
| Cooling | Central Air |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Rolled |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Street Only |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3934.19 |
|---|---|
| Tax Assessed Value | 189000 |
| Tax Legal Description | Part Lot 12 E/S Garafraxa Road Plan 500 AS IN R540765; (Durham) Municipality of West Grey, County of Grey |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Grey County |
| City | West Grey |
| Postal Code | N0G 1R0 |
| Area | West Grey |
| Listing VS Median (in N0G 1R0) | |
Price: $489,000 low | high Med: $489,000 On site: 97 low | high Med: 103 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Grey County |
| City | West Grey |
| Postal Code | N0G 1R0 |
| Area | West Grey |
| Listing VS Median (in N0G 1R0) | |
Price: $489,000 low | high Med: $489,000 On site: 97 low | high Med: 103 | |
