Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don't miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting! (id:13843)
| MLS # | X13415156 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | Wilfred McIntee & Co Limited | SHAWNA FISCHER |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 3,400 |
| Zoning | C1 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|---|
| Parking Total | 2 |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 6026.02 |
|---|
| Province | ON |
|---|---|
| City | South Bruce |
| Postal Code | N0G2J0 |
| Listing VS Median (in N0G2J0) | |
Price: $529,000 low | high Med: $654,500 sqft: 3,400 low | high Med: 1,300 $ / sqft: $156 low | high Med: $522 On site: 145 low | high Med: 44 | |
| Province | ON |
|---|---|
| City | South Bruce |
| Postal Code | N0G2J0 |
| Listing VS Median (in N0G2J0) | |
Price: $529,000 low | high Med: $654,500 sqft: 3,400 low | high Med: 1,300 $ / sqft: $156 low | high Med: $522 On site: 145 low | high Med: 44 | |