126 GARAFRAXA Street
West Grey, ON
- 2,200 sqft
- Commercial Retail
- 260 days on market
Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat. Upstairs $1600, Main floor $1200, Basement $1000, Side retail $700, Storage $800 (Potential income )Utilities: $700/Month
Listing Details
- Taxes (2025)
- $5,307
- Listed
- December 17, 2025
Price History
Property
- Lot Size
- 30 x 165 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Garafraxa st./Lambton St.
- Zoning
- C1H
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 840 Sq Ft
Community
Postal area N0G
- Population
- 86,935
- Private dwellings
- 35,896
- Median age
- 40.8
- Average household size
- 2.6
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in West Grey · last 12 months
- Median sold price
- $599,950
- Homes sold
- 224
- Median days on market
- 40
- Sale-to-list price
- 95.2%
Based on 224 recorded sales of commercial properties in West Grey over the last 12 months.
Listed by
LUXE HOME TOWN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,200 sq ft
- Price per sq ft
- $176.82
- Annual property tax
- $5,307
- Tax per sq ft
- $2.41
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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