Listed by Royal Lepage Meadowtowne Realty Brokerage.

408002 GREY ROAD 4 is a Detached, 2-Storey and is currently for Sale @ $449,000. Taxes in 2024 were $1,937.52.

More homes for sale under 400k in Grey Highlands

This legal duplex property offers mixed use Retail and Residential offering a unique investment and live-work potential opportunity in Maxwell. The 2-Storey on 408002 GREY ROAD 4 has 5 bedrooms, 3 bathrooms, and is located on a 150.00 x 58.50 ft loton < .50 acres in the community of Rural Grey Highlands . Occupying a prime location at the bustling intersection of Grey Rd 4 & 2. This property offers 4,212 square feet of rental space, comprising of two residential units and one retail unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the retail space and measures 1,288 square feet. Updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property is equipped with two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to both residential and retail needs. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease. Unit 1: 2 bedroom with Kitchen and 3 pc washroom Unit 2: 4 bedroom with Kitchen and 4 pc washroom Unit 3 Retail area combined with Unit 4: Bachelor Kitchenette 3 pc washroom & Fireplace. The location is unparalleled. It is within a 30-minute drive of Collingwood and Blue Mountain and close to a range of 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 property is offered as is, where is.

The address 408002 GREY ROAD 4 was listed for sale (MLS# X10875859) on Thursday, October 10, 2024.