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Main Photo: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 1: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 2: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 3: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 4: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 5: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 6: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 7: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 8: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 9: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Photo 10: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X7050096
Bus Major:
Apts-2 To 5 Units
Are you looking for an investment opportunity that offers immediate cashflow and a solid return on investment? Look no further than this stunning, fully renovated mix-use building in the heart of beautiful Walkerton's main street, a short distance from Bruce Powerplant. Featuring a commercial unit and two spacious two bedroom residential units (one can easily be converted back to a 3 bedroom unit), this property is the perfect blend of versatility and profitability. The commercial unit features a busy restaurant that has a high volume of foot traffic and take-out business. With a 7 cap rate, you can expect a healthy return on your investment, and with its passive income stream, you'll be able to sit back and watch your investment grow. Cashflow positive from day one, this fully renovated multi-use building is a smart investment choice for anyone looking to expand their portfolio or start generating passive income. Save your hammer for another project!
Durham And Victoria
331960141
Property Type:
Commercial
Commercial Type:
Investment
Depth:
150'7"
Frontage:
25'11⅞"
Total Area:
3,915 sq. ft.
Retail Area:
1,960 sq. ft.
Bathrooms:
5.0
Zoning:
C1
Heating type:
Gas Forced Air Open
Basement:
Full
Garage:
None
Total Parking Spaces:
4
Possession Details:
flex
Taxes:
$3,064.93 / 2022
Assessment:
$- / -
Utilities:
Y
Water supply:
Municipal
Seller Property Info Statement:
No
Maintenance Fee:
500.0
Air Conditioning:
Part
Chattels:
No
Log/Bldg/Unit Code:
Lot
Sprinkler system:
Part
Type Taxes:
Annual
Business/Building Name:
Buddha
Category:
Apartment
Major Business Type:
Apts-2 To 5 Units
Financial Statements:
Yes
Franchise:
No
Freestanding:
Yes
Gross income:
$66,600
Expenses Actual/Estimated:
Actual
Insurance Expenses:
4500
Management Expenses:
1200
Other Expenses:
$840
Tax Expenses:
$3,065
Year Expenses:
2022
Date Listed:
Oct 02, 2023
Original Price:
Previous Price:
  • Photo 1: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
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  • Photo 2: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
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  • Photo 3: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
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  • Photo 9: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
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  • Photo 10: 348 Durham Street E in Brockton: Property for sale : MLS®# X7050096
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Listed by IPRO REALTY LTD.
Data was last updated December 7, 2023 at 06:55 AM (UTC)