10 SYDENHAM STREET, GREY HIGHLANDS

2026-06-18
 

Quick Summary

Location
10 SYDENHAM STREET, GREY HIGHLANDS, Ontario N0C1H0
Price
$1,100,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1 ac

MLS®#X13457030

Property 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Ski hill

Building

  • Cooling Type: Partially air conditioned
  • Fireplace: No
  • Interior Size: 1 ac

Land

  • Land Size: 0.53 ac
  • Sewer: Sanitary sewer

Zoning

  • Description: C1

Information entered by COLLIERS SOUTHWESTERN ONTARIO
Listing information last updated on: 2026-09-23 14:50:51


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Your One Percent Realty Commission savings†

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† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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