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$449,900

Est. payment - /mo

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2 Beds

3 Baths

Active Under Contract

151 Garafraxa ST S West Grey, ON N0G 1R0

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

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.

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate