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126 GARAFRAXA Street, West Grey, ON N0G 1R0, West Grey, Ontario

commercial · MLS® X12638586

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$389,000

MLS# X12638586

126 GARAFRAXA Street, West Grey, ON N0G 1R0

West Grey, Ontario N0G 1R0

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New Listing· Listed null days on marketPopular· 137 views todayHot Property· High interest
About This Property

Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat. Upstairs $1600, Main floor $1200, Basement $1000, Side retail $700, Storage $800 (Potential income )Utilities: $700/Month

Property Details

Property Type

Commercial

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126 GARAFRAXA Street, West Grey, ON N0G 1R0, West Grey, Ontario

About 126 GARAFRAXA Street, West Grey, ON N0G 1R0

This Commercial at 126 GARAFRAXA Street, West Grey, ON N0G 1R0 is listed for sale in West Grey, Ontario at $389,000.

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West Grey is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in West Grey's real estate market.

MLS® number X12638586. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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$389,000

20% ($77,800)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$1,911

*Principal & Interest only. Does not include taxes or insurance.

Principal$311,200
Total Interest$262,112
Total Cost$651,112
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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