151 GARAFRAXA STREET S

Durham Ontario N0G1R0

$199,900

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Address

Street Address
151 GARAFRAXA STREET S
City
Durham
Province
Ontario
Postal Code
N0G1R0
Country
Canada

Property Features

Listing ID
129671
Ownership Type
Freehold
Property Type
Retail

Property Description

This Commercial Building offers a 1,150 sq ft, updated 3 bedroom residential unit. It features hardwood floors & granite counter tops. Due to the fact the building is built into a hill, the 2nd floor residential unit can be accessed from main street (up the stairs) or from the east side without any stairs. It has it's own private driveway & lawn. The other two units are located off of main street in high traffic location. They are both commercial units. The retail store is leased month to month, the office space is vacant. Even with the vacant office space the building still gross's $19,500 a year in rent. The yearly expenses are approximately $6,002 for a net profit of $13,498 for a cap rate of 6.9%. Fill the office space and make even more profit. All units have separate hydro meters and all units pay for own snow removal, heat & hydro. Owner pays for Water & Sewer, Property Tax's and Insurance. (id:2494)

Property Details

ID
19554854
Location Description
151 GARAFRAXA ST S Durham Ontario. On the East side of the Road.
Parking Space Total
2
Price
199,900
Transaction Type
For sale
Zoning Description
C1

Building

Exterior Finish
Brick
Flooring Type
Carpeted, Hardwood
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Forced air
Type
Retail
Utility Water
Municipal water

Land

Size Total Text
under 1/2 acre
Size Frontage
30 ft
Sewer
Municipal sewage system
Size Depth
130 ft

Parking

Name
Detached garage

Utility

Type
Cable
Description
Available

Listing Office: PEAK EDGE REALTY LTD., Brokerage