240-242 Durham Street E

Brockton, Brockton, N0G 2V0

$1,199,900

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Listed 22 days ago · MLS® X13835648

About this home

Prime investment opportunity in the heart of Walkerton's downtown core. This fully leased mixed use building features 3 stable commercial tenants and 5 well maintained residential units, offering diversified income and minimal vacancy risk.The main floor is anchored by an established financial institution with a long standing presence in the community-providing reliable, long term commercial tenancy in a high visibility location. Additional commercial spaces are leased to a long term insurance office and a successful hair salon, creating a balanced and resilient tenant mix. All residential apartments show extremely well, with consistent demand and strong rental performance. Commercial units are clean, professional, and well cared for. The building itself has been well maintained, reflecting pride of ownership and reducing near term capital expenditure concerns.This asset delivers a solid rate of return with clear upside potential through future rent growth and continued appreciation in Walkerton's thriving core. Financial information available to qualified buyers. Contact for full investment package.

Details

Type
Commercial Retail
Lot
50.07 × 165.16 ft
Garage
None
Property tax
$10,131 (2026)
Neighbourhood
Brockton
Municipality
Brockton

Heating, cooling and services

Heating
Baseboard
Air conditioning
Partial
Water and sewer
Sanitary

Building and exterior

Building area
10,000 Square Feet

More

Possession
Flexible
Cross street
Durham St E/Colborne St N
Business type
Service Related

Listed by Coldwell Banker Peter Benninger Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.