Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

151 Garafraxa Street S, West Grey, ON N0G 1R0 (Lambton Street)
$ 449900 - MLS : X13127982

From Our Gallery

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 Description

Lambton Street

Property Detail

Community: West Grey
Property Type: Owner+Tenant/Commercial
Garages: Single Detached
Annual Property Taxes : $ 2218

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Single Detached

Amenities

Heating : Baseboard

Listing Contracted With: Peak Edge Realty Ltd.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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