151 Garafraxa Street S, West Grey, Ontario N0G 1R0

Listed for:
$449,900
0 beds
0 baths
Listed 4 days ago
Residential Commercial Mix for rent: 151 Garafraxa Street S, West Grey, Ontario N0G 1R0

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About

Cross Streets: Lambton Street. ** Directions: 151 Garafraxa Street S, Durham. 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. (id:27476)

Property Highlights

MLS® Number
X13127982
Type
Retail
Community Name
West Grey
Land Size
2300 ac
Parking Space Total
3

Building

Building Type
Residential Commercial Mix
Square Footage
2300 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Peak Edge Realty Ltd.
MLS® number:
X13127982
Agent:
Ambrose Garvey
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