Price ChangeFor Sale

10 Sydenham Street
Grey Highlands, Grey County, ON, N0C 1H0

Commercial Retail
TRREB
MLS® Number: X13457030
$1,100,000List Price
Commercial RetailProperty Type
0.53 acresSize
$3,774.55 / 2025Taxes (Annual)
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PRICE CHANGED
$1,100,000
Previously Listed For:
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Listing History

Buy/sell history for 10 Sydenham Street, Grey Highlands, ON N0C 1H0

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Description

INVESTMENT OPPORTUNITY IN GREY COUNTY - FIRST TIME FOR SALE IN 25 YEARS6+% CAP RATE currently with a 3% rent increase being applied to all units in the fall. Home to 4 RENOVATED APARTMENTS & 1 RETAIL. Main floor retail. Downstairs, fronting onto Hwy10 at the main intersection is a very successful boutique Cheese and Charcuterie Food Shop "The Artemesia Cheese Shop" in the bustling town of Flesherton. A are staple for the many high end clients who call Grey Highlands their playground or home. Rents for the Apartments are: Apt A $18k / Apt B $15k / Apt C $12.5K / Apt D $17.8K / Cheese Shop 5 Year Lease for the retail $2,500 + HST with at market rent increase (3%) annually. Annual Gross Rental Income : Artemesia Cheese $33,900Apt A $18,000Apt B $15,000Apt C $12,528Apt D $17,832Total 2025 Gross Income : $97,260 Annual 2025 Expenses :Heat & Hydro : $9,720Property Tax : $3,775Insurance : $3,619Total 2025 Expenses: $17,114.00Vacancy Allowance : (5% of Gross Income) $4,863.00Repairs & Maintenance : (8% of Gross Income) $7,780.00Total 2025 $12,643.00 Gross Income : $97,260.00Less Expenses $29,757.00Net Income (NOI) : $67,503.00Don't miss this fantastic opportunity to own a buys and successful building along the Hwy 10 Corridor in this growing market area.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$3,774.55 / 2025
Listing #:X13457030
Property Type:Commercial Retail
Size:0.53 acres
Land Size:24 x 95.7
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:COLLIERS SOUTHWESTERN ONTARIO

Rooms

Details

Property

Property Type:Commercial Retail
Community:Grey Highlands
Municipality:Grey County

Building

Size:0.53 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary

Land

Cross Street:Hwy 10 & Hwy 4

$1,100,000

List price

10 Sydenham Street, Grey Highlands – Commercial Retail for sale