10 SYDENHAM STREET, Grey Highlands

$1,100,000

For sale: Other

Other at 10 SYDENHAM STREET, Grey Highlands
Property type
Commercial Retail
MLS®
MLS® X13457030
Neighbourhood
Grey Highlands

INVESTMENT OPPORTUNITY IN GREY COUNTY - FIRST TIME FOR SALE IN 25 YEARS6+% CAP RATE currently with a 3% rent increase being applied to all units in the fall. Home to 4 RENOVATED APARTMENTS & 1 RETAIL. Main floor retail. Downstairs, fronting onto Hwy10 at the main intersection is a very successful boutique Cheese and Charcuterie Food Shop "The Artemesia Cheese Shop" in the bustling town of Flesherton. A are staple for the many high end clients who call Grey Highlands their playground or home. Rents for the Apartments are: Apt A $18k / Apt B $15k / Apt C $12.5K / Apt D $17.8K / Cheese Shop 5 Year Lease for the retail $2,500 + HST with at market rent increase (3%) annually. Annual Gross Rental Income : Artemesia Cheese $33,900Apt A $18,000Apt B $15,000Apt C $12,528Apt D $17,832Total 2025 Gross Income : $97,260 Annual 2025 Expenses :Heat & Hydro : $9,720Property Tax : $3,775Insurance : $3,619Total 2025 Expenses: $17,114.00Vacancy Allowance : (5% of Gross Income) $4,863.00Repairs & Maintenance : (8% of Gross Income) $7,780.00Total 2025 $12,643.00 Gross Income : $97,260.00Less Expenses $29,757.00Net Income (NOI) : $67,503.00Don't miss this fantastic opportunity to own a buys and successful building along the Hwy 10 Corridor in this growing market area.

Sold data

Homes in Grey Highlands — recent sold market

Homes in Grey Highlands took a median of 52 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 116, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 117 days.

The median sale price was $676,950.

Homes sold for about 5.0% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
52
Median sale price
$676,950
Sale-to-list ratio
95.0%
Sold above asking
13%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 10 SYDENHAM STREET