Property Description

This is a great opportunity to own a home that you can live in and either lease the main floor to a professional business while you enjoy 2 floors as your home, or use the main floor for your own business. This is a different kind of ownership that has more upfront cost given the commercial portion of the commercial/residential mixed use, but has the longer term benefits of the purchaser leasing the main floor to a professional business tenant to pay the mortgage, or enjoy the benefit of running your business in part and living in part. There are 4 offices and a large reception area on the main floor. The square footage of 2,662 includes the main floor and residential upper and lower floors. The down payment is higher than a residential property (verify with your financial adviser) and because it is residential/commercial mixed-use, HST is applied to the purchase price. This mixed use commercial/ residential property has a great location and has the best of both worlds being on the edge of commercial Upper James St and the edge of a lovely residential area with large Bruce Park just down the street.

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Kimberley (Kim) Maclean