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408002 Grey Road 4 Maxwell, Ontario N0C 1J0

6 Bedroom 3 Bathroom 4212
None Baseboard Heaters, Forced Air, Radiant Heat

$469,000

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. Includes all chattels owned by Seller. The property is offered as is, where is. (id:22076)

Property Details

MLS® Number 40563627
Property Type Multi-family
Amenities Near By Golf Nearby, Place Of Worship, Schools, Shopping
Community Features High Traffic Area, School Bus
Equipment Type Propane Tank
Features Visual Exposure, Conservation/green Belt, Crushed Stone Driveway
Parking Space Total 6
Rental Equipment Type Propane Tank
Structure Shed, Porch

Building

Bathroom Total 3
Bedrooms Total 6
Appliances Central Vacuum, Satellite Dish, Water Purifier
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1890
Cooling Type None
Exterior Finish Aluminum Siding, Brick, Stone
Foundation Type Stone
Heating Fuel Electric, Oil, Propane
Heating Type Baseboard Heaters, Forced Air, Radiant Heat
Stories Total 2
Size Interior 4212
Type Triplex
Utility Water Well

Land

Access Type Road Access
Acreage No
Fence Type Partially Fenced
Land Amenities Golf Nearby, Place Of Worship, Schools, Shopping
Sewer Septic System
Size Depth 150 Ft
Size Frontage 58 Ft
Size Total Text Under 1/2 Acre
Zoning Description C2

https://www.realtor.ca/real-estate/26687969/408002-grey-road-4-maxwell

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