262-270 TELEGRAPH Street
Alfred, Alfred and Plantagenet, ON K0B1A0
$499,900
About this property
An excellent investment opportunity in the heart of Alfred! This solid brick, two-storey mixed-use property offers approximately 6,400 sq. ft. of total building space and is zoned for up to six units. The property features three residential apartments on the second floor, all with existing leases, plus approximately 3,100 sq. ft. of commercial space on the main level, offering excellent potential for an owner-operator or investor. Previously occupied by the National Bank of Canada for many years, the commercial space includes a large retail area, four separate offices, a walk-in safe, storage space and handicap accessibility.Offering multiple income streams and future development potential, this property presents an exceptional opportunity for investors looking to maximize returns. With a potential net capitalization rate of 10.4%, this is an attractive addition to any investment portfolio. Whether you're looking to operate your own business, lease the commercial space, or explore the property's six-unit zoning potential, the possibilities are endless! (id:67282)
Property details
- MLS® number
- X14160446
- Property type
- Multi-Family
- Building style
- Fourplex
- Lot size
- 70 x 81.8 FT
- Parking
- No Garage · 2 spaces
- Annual taxes
- $5,500
- Neighbourhood
- Alfred
- Listed
- Nov 7, 2026
Highlights
- Basement: Unfinished, N/A
- Heating: Forced air, Natural gas
- Central air conditioning
Location
Listed by eXp Realty. Information deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and REALTOR® are trademarks of The Canadian Real Estate Association (CREA). View this listing on REALTOR.ca