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105 Garafraxa Street

105 Garafraxa Street

West Grey, ON

  • 4 bed
  • 4 bath
  • approx. 3500-5000 sqft
  • Multiplex
  • 104 days on market
$489,000

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.

Listing Details

Taxes (2025)
$3,934
Listed
June 1, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Brick
Roof
Rolled
Foundation
Stone
Interior
Separate Hydro Meter, Other
Lot Size
24 x 90 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
SE Corner of Lambton St E and Garafraxa St S
Zoning
C1
Parcel Number
373190100
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
Fridge x3, Stove x3
Rental Items
None

Schools

Elementary

  • Spruce Ridge Community School0.5 km

    Public · Bluewater DSB · 355 students

    Grade 3 reading: 75% met the provincial standard · Grade 6 math: 28% met the provincial standard

  • St Peter's & St Paul's Separate School1 km

    Catholic · Bruce-Grey CDSB · 200 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 47% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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

Residential Freehold in West Grey · last 12 months

Median sold price
$597,450
Homes sold
218
Median days on market
40
Sale-to-list price
95.4%

Based on 218 recorded sales of residential freehold properties in West Grey over the last 12 months.

Listed by

Royal LePage RCR Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$97,800

Estimated Monthly Payment

$2,402

Land transfer tax

Estimated land transfer tax$6,255

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,402/mo (20% down, 5.5%)

Taxes: $328/mo · Insurance: $122/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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