105 Garafraxa Street

FOR SALE
$489,000
105 Garafraxa Street, West Grey
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
105 Garafraxa Street
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4
BEDROOMS
4
BATHROOMS
3
KITCHENS
11
ROOMS
X13224016
MLSID
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Property Description
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.
Property Features
Separate Hydro Meter, Other, Street Only
Property Details
Address
105 Garafraxa Street
Community
Postal Code
N0G 1R0
Property Type
Multiplex, Multiplex
Zoning
C1
Lot Size
24' x 90'
Acreage
0.0 Feet
Taxes
$3,934 (2025
Basement
Unfinished, Full
Heat Type
Forced Air
Heat Source
Electric
Water
Municipal
Garage Type
None
Listing contracted with Royal Lepage Rcr Realty
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