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$1,750,000
Grimsby
4-6 Ontario Street, Grimsby (Grimsby East), Ontario, L3M3G9
This retail property in Grimsby is for sale offering roughly 5,500 sq ft of space. It has been on the market 34 days, fresher than the Grimsby average of 47 days.
Excellent ROI in the downtown 6 Plex, Offering 3 Commercial spaces all currently leased out, Three residential Apartments two are Operating as Short term rental and one is in a year lease, The building has been extensively remodeled and up kept, Each unit has been renovated with all new flooring, Kitchens and bathrooms, The Commercial units have Triple AAA tenants, The exterior was painted, New siding, new eaves and soffits were added, Each residential unit has its own little outdoor space and the commercial units have large windows for display. The building comes with 10 Parking spaces, new fire rated doors have been added, Two new furnaces and central air and two new heat exchange units as well, each Residential unit has new appliances and two have washers, Please do not talk to tenants (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 47 days across the listings currently for sale in this city
This retail in Grimsby (Grimsby East) has been listed for 34 days, which is 13 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,750,000, about 16.8× the local median household income of $104,000.
Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 229% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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