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. (id:56483)
| MLS® Number | X12927474 |
| Property Type | Single Family |
| Community Name | Tweed (Village) |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Dryer, Two Stoves, Washer, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 - 2500 Sqft |
| Type | Row / Townhouse |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 36 Ft ,6 In |
| Size Irregular | 36.5 X 132 Ft |
| Size Total Text | 36.5 X 132 Ft |
https://www.realtor.ca/real-estate/29523934/308-victoria-street-n-tweed-tweed-village-tweed-village
Contact us for more information
Brad Runtz
Salesperson
(855) 484-6042
(613) 733-3435
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