• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
Personal Pic

Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$1,699,000
Available - For Sale
Listing ID: X13000166
407-409 Main Street West , Grimsby, L3M 1T1, Niagara


Discover the potential of this rare 5.10 acre mixed use property in the thriving and scenic community of Grimsby, offering 171 feet of wide frontage and excellent visibility for investors, builders, and business owners. This unique property includes a commercial storefront currently operating as a convenience store along with 2 residential rental units, all fully leased and generating steady income, with the option for buyers to assume the existing tenancies or establish their own business. In addition to the main buildings, the property features a barn and additional structures with renovation potential, creating opportunities for expansion, improvement, or value add enhancements. With agricultural potential and scope for greenhouse operations, farming, and other permitted uses such as single dwellings, institutional uses, home occupations, bed and breakfast, showrooms, offices, and conference centres, the flexibility here is exceptional. Strategically located near the QEW, GO Station, shopping centres, Costco, and GO carpool facilities, the property offers seamless connectivity to the Greater Toronto Area and the Niagara Region, making it an outstanding opportunity for investors, owner occupiers, or those seeking a strong income property in a rapidly growing and highly desirable location. Vendor Take Back available up to $350,000.
Price $1,699,000
Taxes: $9800.00
Tax Type: Annual
Occupancy: Tenant
Address: 407-409 Main Street West , Grimsby, L3M 1T1, Niagara
Postal Code: L3M 1T1
Province/State: Niagara
Legal Description: PT LT 18 CON 2 NORTH GRIMSBY PT 1 30R480
Directions/Cross Streets: Main St W & Casablanca Blvd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Use: Retail Store Related
Building Percentage: F
Total Area: 5.10
Total Area Code:  Acres
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Franchise: F
Sprinklers: Part
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Septic
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
Personal Picture
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Grimsby
Neighbourhood: 541 - Grimsby West
Style:
Lot Size: x 1444.20(Feet)
Approximate Age:
Tax: $9,800
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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