$419,900
Available - For Sale
Listing ID: X12927478
308 Victoria Street North , Tweed, K0K 3J0, Hastings
| 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. |
| Price | $419,900 |
| Taxes: | $2158.21 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 308 Victoria Street North , Tweed, K0K 3J0, Hastings |
| Postal Code: | K0K 3J0 |
| Province/State: | Hastings |
| Legal Description: | Pt. Lt. 89, Pl 12 Tweed, as in QR599434, |
| Directions/Cross Streets: | Highway 37 and Spring St W. |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 2251.38 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
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| SOLID ROCK REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Hastings |
| Municipality: | Tweed |
| Neighbourhood: | Tweed (Village) |
| Tax: | $2,158.21 |
| Fireplace: | N |
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