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$ 449,900
Est. payment /mo
Active Under Contract
151 Garafraxa ST S West Grey, ON N0G 1R0
2 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision West Grey
MLS Listing ID X13127984
Style 2-Storey
Bedrooms 2
Annual Tax Amount $2,218
Tax Year 2025
Property Sub-Type Duplex
Property Description
Located in the growing community of Durham, this solid mixed-use property offers an excellent opportunity for investors or buyers looking to offset living expenses with rental income. The main floor commercial unit is currently occupied by a long-term tenant who has been in place for the past three years and would love to stay on. In addition, there is a second smaller street-level commercial space currently being used for storage, offering future potential for additional rental income or business use.The upper level features a spacious and nicely updated two-bedroom apartment complete with hardwood floors, a kitchen island, semi-open concept layout, private fenced yard, and a newer detached single-car garage built in 2025. Built into a hill, the property offers the convenience of traditional street-front access as well as ground-level rear entry to the apartment from the back alleyway.Several important updates have already been completed, including a new roof in 2022, updated front and rear siding, and several newer windows, including the large storefront windows.Whether you are looking for a comfortable owner-occupied property with income potential or a fully tenanted investment opportunity, this versatile property is well worth a look. Call today to arrange your private viewing.
Location
Province ON
County Grey County
Area Grey County
Rooms
Family Room No
Basement Partial Basement
Kitchen 1
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Garage Spaces 1.0
Pool None
Roof Type Fibreglass Shingle
Lot Frontage 30.0
Lot Depth 130.0
Total Parking Spaces 3
Building
Foundation Stone
Others
ParcelsYN No
Listed by Peak Edge Realty Ltd.
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