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308 Victoria Street N Tweed, Ontario K0K 3J0

2251 sqft
None Forced Air

$419,900

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 totalled $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:59524)

Property Details

MLS® Number X12927478
Property Type Retail
Community Name Tweed (Village)

Building

Appliances Dryer, Washer
CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 2251.38 Sqft
SizeInterior 2251 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 132 Ft
SizeFrontage 36 Ft ,6 In
SizeIrregular Bldg=36.5 X 132 Ft
SizeTotalText Bldg=36.5 X 132 Ft
ZoningDescription C2 Urban Commercial

https://www.realtor.ca/real-estate/29523935/308-victoria-street-n-tweed-tweed-village-tweed-village

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