4 Beds 3 Bath

308 Victoria Street N, Tweed, ON K0K 3J0

Tweed K0K 3J0 Ontario

MLS: X12927474

$419,900

Added 3 hours ago | For Sale

Listed by: SOLID ROCK REALTY

About Property

Well maintained investment property in the heart of downtown Tweed. This is an excellent opportunity for investors or owner-operators. Featuring a vacant main level commercial space of approximately 670 sqft, complete with ample storage and a 3-piece bathroom, this unit provides immediate upside potential with the ability to secure your own tenant and set market rents.The upper-level 3-bedroom apartment (approx. 1,100 sqft) is tenant occupied and offers an upgraded open-concept kitchen with island, bright dining area, 4-piece bathroom, and in-suite laundry. The rear 1-bedroom apartment (approx. 480 sqft) is also tenant occupied and includes a kitchen, living area, and 3-piece bathroom.Recent updates include flooring, kitchens, and furnace (2019), with the roof approximately 13 years old. 2025 NOI totaled $40,541, reflecting a strong 9.68% cap rate when fully occupied. The building is serviced by 1 hydro meter and 1 gas meter, with 3 on-site parking spaces. Prime high-traffic location close to all amenities and only 30 minutes to Highway 401.24 hours' notice required for residential unit showings. 24-hour irrevocable on all offers.

Features

  • House Style:Att/Row/Townhouse
  • Bathrooms:3
  • Land Size: 36.5 X 132
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Highway 37 and Spring St W.
  • Basement:Unfinished,Exposed Rock , Unfinished,Exposed Rock
  • Possession Date:TBD
  • Annual Property taxes: $2158.21
  • Bedrooms:4
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12927474

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