10 Sydenham Street Grey Highlands, Ontario N0C 1H0
$1,100,000
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. (id:61015)
Property Details
| MLS® Number | X13457030 |
| Property Type | Retail |
| Community Name | Grey Highlands |
| Amenities Near By | Highway, Ski Hill |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Baseboard Heaters |
| Size Interior | 1 Acres |
Land
| Acreage | No |
| Land Amenities | Highway, Ski Hill |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft ,8 In |
| Size Frontage | 24 Ft |
| Size Irregular | 0.53 |
| Size Total | 0.53 Ac |
| Size Total Text | 0.53 Ac |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29916817/10-sydenham-street-grey-highlands-grey-highlands
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September 23 2026 02:50:51
London and St. Thomas Association of REALTORS®
Colliers Southwestern Ontario, Sutton Group Incentive Realty Inc.