Excellent mixed-use investment opportunity in the heart of downtown Walkerton. This income-producing property features three street-level commercial units and two residential apartments, offering stable income with additional upside through one vacant commercial unit ready for lease or owner occupancy. At the current asking price, the property offers an approximate 8% cap rate based on existing income and expenses. Each commercial unit has its own hydro meter, electric heat, hot water heater, and private washroom. The residential component includes a tenanted one-bedroom main-floor apartment and a tenanted three-bedroom second-floor apartment, both with in-suite laundry. A solid investment opportunity with immediate cash flow and future growth potential. (id:13843)
| MLS # | X13514700 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 113 |
| Listing Provided By | eXp Realty | JEREMY ELLIS |
| SQ Feet | 2,606 |
|---|---|
| Zoning | C3 |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters |
| Appliances | Dryer, Microwave, Two Washers, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 2161.79 |
|---|---|
| Tax Year | 2026 |
| Province | ON |
|---|---|
| City | Brockton |
| Postal Code | N0G2V0 |
| Listing VS Median (in N0G2V0) | |
Price: $399,000 low | high Med: $512,400 sqft: 2,606 low | high Med: 1,500 $ / sqft: $153 low | high Med: $342 On site: 113 low | high Med: 8 | |
| Province | ON |
|---|---|
| City | Brockton |
| Postal Code | N0G2V0 |
| Listing VS Median (in N0G2V0) | |
Price: $399,000 low | high Med: $512,400 sqft: 2,606 low | high Med: 1,500 $ / sqft: $153 low | high Med: $342 On site: 113 low | high Med: 8 | |