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Home ON Bruce County Brockton
348 DURHAM Street E
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$725,000
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348 DURHAM Street E
Walkerton, Ontario N0G2V0

MLS® Number: 40494227

Listing Description

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! (44986247)

Location Description

348 DURHAM STREET E

Property Summary

Property Type
Office
Storeys
2
Subdivision Name
Brockton
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,064.93
Total Parking Spaces
4
Time on REALTOR.ca
979 days

Building

Interior Features
Basement Type
Full
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Business
Business Name
Buddha
Neighbourhood Features
Amenities Nearby
Airport, Hospital, Schools
Parking
Total Parking Spaces
4

Measurements

Exterior Building Size
3915 sqft

Land

Lot Features
Frontage
26 ft
Land Depth
151 ft
Other Property Information
Zoning Description
C1
Data provided by: Cornerstone - Mississauga