105 Garafraxa Street S, West Grey
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. (id:1945)
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Property details for 105 Garafraxa Street S, West Grey
- Type
- Commercial
- Bathrooms
- 4
- Living Area
- 3,700 square feet
- Lot Size
- 24 x 90 FT
- Heating
- Radiant heat, Forced air, Natural gas, Other
- Cooling
- Partially air conditioned
- Annual Taxes
- $3,934 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 105 Garafraxa Street S
Active Listings
2
Min Price
$489,000
Max Price
$489,000
Avg Price
$489,000
Days on Market
108
days
Sold Listings
1
Min Sold Price
$1,149,000
Max Sold Price
$1,149,000
Avg Sold Price
$1,149,000
Days until Sold
154
days
Neighbourhood Census Data
West Grey, Ontario
Population
439
Median Age
44.8
Median Income
$25,280
Dwelling Value
$184,715
Housing Tenure
Owners 72%
Renters 30%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,933.1/km²
Avg Shelter Cost: $946/mo
Owners with Mortgage: 58.1%
Owners Spending 30%+: 12.9%
Tenants Spending 30%+: 50%
English only: 96.6%
English and French: 3.4%
Median Household Income: $49,536
Median Employment Income: $24,288
Price History
Listed
June 1, 2026
by Royal LePage RCR Realty
Current Price
$489,000
Type
Commercial
For Sale