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$449,900
Est. payment /mo
2 Beds
3 Baths
New
151 Garafraxa ST S West Grey, ON N0G 1R0
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
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
Inclusions Fridge, stove, washer, dryer, high chairs in the kitchen.
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
Senior Community Yes
ParcelsYN No
Listed by Peak Edge Realty Ltd.
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