For sale 50$489,000
105 Garafraxa Street South
West Grey, Ontario N0G1R0
For sale· Added
About this home
Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available.
Location
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Property details
Listing
- MLS® number
- X13224016
- Added
- Jun 1, 2026 ()
- Updated
- Jun 11, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 2
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Half baths
- 1
- Heating
- Heat Pump, Radiant heat, Forced air, Electric, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Refrigerator, Stove
Building
- Basement
- Unfinished, Full
- Exterior
- Brick
- Foundation
- Stone
- Parking
- No Garage, Street
- Amenities
- Separate Electricity Meters
Land
- Lot size
- 24 x 90 ft
- Zoning
- C1
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- SE Corner of Lambton St E and Garafraxa St S
- Directions
- Corner of Lambton St E and Garafraxa St S.
Running costs
- Annual property tax (2026)
- $3,934
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