467323 12th Con B

Rural Grey Highlands | Grey Highlands

$479,000

Listed 27 days ago
7 bed
3 bath
4,250-4,499 sqft
6 parking
58 x 150 lot
Triplex

Description

LIVE / WORK Opportunity: This Retail and Residential Building offers you a unique investment and live-work opportunity in Maxwell. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2. This property offers 4,212 square feet of rental space, comprising of two residential units and one retail unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the retail space and measures 1,288 square feet. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property is equipped with two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to both residential and retail needs. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease, offering flexibility for new ownership. Unit 1: 2 bedroom with Kitchen and 3 pc washroom Unit 2: 2 bedroom with Kitchen and 4 pc washroom Unit 3 Retail area combined with Unit 4: Bachelor Kitchenette 3 pc washroom & Fireplace. The location is unparalleled. It is within a 30-minute drive of Collingwood and Blue Mountain and close to a range of amenities, including schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, making it an attractive place to live, work, and play. This property represents a rare opportunity to invest in a versatile building with a proven track record of income generation in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this mixed-use building in Maxwell offers potential.

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MLS#
X8187330
Property Taxes
$1,933 per year / $161 per month
Condo Fees
-
Basement
Partial
Front Facing
S
Year Built
-
Type
Triplex
Bedrooms
7 Full
Bathrooms
3 Full
Parking Spots
6 Total | 6 Outside
Parking Types
None | Driveway
Floor
-
Storeys (Above Ground)
Two
Outdoor Area
-
Fencing
-
Balcony
-
Pool
None
External Material
Brick | Metal Siding
Roof Type
-
Lot Frontage
58.5 ft
Lot Depth
150 ft
Internal Area (Above Ground)
4,250-4,499 sqft
Interior Features
Open Floorplan
Cooling System
Window Unit(s)
Heating System
Forced Air
Laundry
Upper Level
Has Fireplace
Yes
Flooring
-

Room dimensions

Note: Furniture shown for scale. Room dimensions provided by listing brokerage.

Main Level

Office
37.2 x 19.1 ft
Office
Desk
Bedroom
19.7 x 15.3 ft
Bedroom
King Bed
Living Room
15.3 x 15.3 ft
Living Room
3-person sofa (7ft)
Kitchen
17.5 x 12.5 ft
Kitchen
Stove
Office
9.0 x 9.0 ft
Office
Desk

Second Level

Bedroom
14.1 x 8.0 ft
Bedroom
Queen Bed
Bedroom
14.1 x 11.1 ft
Bedroom
King Bed
Bedroom
14.1 x 11.1 ft
Bedroom
King Bed
Living Room
16.1 x 14.2 ft
Living Room
3-person sofa (7ft)
Kitchen
13.1 x 13.0 ft
Kitchen
Stove
Bedroom
13.0 x 9.0 ft
Bedroom
Queen Bed
Bedroom
13.0 x 9.0 ft
Bedroom
Queen Bed
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467323 12th Con B | Rural Grey Highlands

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Commute time

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MLS® Listing
X8187330
Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY

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