308 Victoria Street N Tweed, Ontario K0K 3J0
$449,900
Well maintained Investment Property with a Commercial Space and 2 Apartments in downtown Tweed is a must see. The main level commercial space is currently tenant occupied as a Thrift Store with ample storage and a 3 piece bathroom with approximately 670sqft. The upgraded 3bedroom Unit is tenant occupied with approximately 1100sqft on the upper floor features an open concept kitchen with island. Dining area with bright windows, 4 Piece bathroom and in-suite laundry. Rear 1 bedroom apartment is tenant occupied with kitchen, living room and 3 piece bathroom with approximately 480sqft. Roof is approximately 13 years old and all flooring, kitchens, furnace approximately 2019. Total rental income $3800/month. Cap rate for the property is 8.58% AMAZING given the market. 1 Hydro and Gas meter for the building. 3 Parking spaces available. Great high traffic location close to all amenities and only 30 minutes to the HWY 401. 24hrs notice required for all showings for all units. 24hour irrevocable on all offers. (id:28469)
Property Details
| MLS® Number | X11997669 |
| Property Type | Retail |
| Equipment Type | None |
| Features | Carpet Free |
| Parking Space Total | 3 |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Water Meter, Dryer, Two Stoves, Washer, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 133 Ft |
| Size Frontage | 33 Ft ,3 In |
| Size Irregular | 33.3 X 133 Ft |
| Size Total Text | 33.3 X 133 Ft |
| Zoning Description | C2 Urban Commercial |
Utilities
| Cable | Available |
| Sewer | Installed |
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March 10 2025 08:32:12
Ottawa Real Estate Board
Solid Rock Realty