408002 GREY ROAD 4 Grey Highlands, Maxwell, Ontario, CA

Property Overview

LIVE / WORK convenience of being your own boss with additional income. Discover a unique investment and live-work opportunity with this prime retail and residential building occupying a 58x150 ft corner site. Located at the bustling intersection of Grey Rd 4 & 2, this property spans 4,212 square feet, featuring two residential units and one retail unit, providing a diversified income stream. Residential Unit 1 is a spacious 2,106 sq ft, offering 2 bedrooms, a kitchen, and a 3 pc washroom. Residential Unit 2 is 1,288 sq ft, also with 2 bedrooms, a kitchen, and a 4 pc washroom. Unit 3, a studio combining retail space, measures 1,288 sq ft and includes Unit 4 a bachelor unit with a kitchenette, 3 pc washroom, and fireplace. The property is equipped with ample parking for 6 cars. Significant updates have been made, including windows, insulation, a hot water tank (owned), updated shingles, eavestroughs, soffits, fascia, water system, hydro panel, and oil tank. Additionally, the property features 2 hydro meters for convenience and cost management. The location is unparalleled, within a 30-minute drive of Collingwood and Blue Mountain. It is also close to various 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. The residential units are currently occupied by long-term tenants on a month-to-month basis, offering flexibility for new ownership. This versatile building, with a proven track record of income generation, is perfect for those looking to expand their investment portfolio or establish a live-work setup. The property is offered as is, where is, and includes all chattels owned by the seller. 2nd Flr Unit 1 room sizes are estimated. (id:51532)

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