




This 6-bedroom, 4-bathroom single family in Torbay offers 1,740 sqft of living area. Built in 1962. The property has lot dimensions of 0.202 acre. The home features hardwood and marble and other and ceramic flooring, radiant heat, oil, electric heating.
Discover an incredible opportunity with this versatile two-unit residential plus commercial unit. Perfectly situated in the heart of Torbay, under a 10-minute drive from St. John’s, this property offers prime visibility for any business while blending small-town charm with the convenience of urban living. Perfect for those who value proximity to nature, scenic beauty, and outdoor adventure. This location is truly special, enjoy being just a short walk from the stunning Torbay Beach and the world-famous East Coast Trail, named by National Geographic as one of the top adventure destinations in the world! The main level features a bright, modern, and extensively renovated commercial space. It is move-in ready and offers excellent flexibility for a wide variety of business ventures. The commercial space was most recently operated as a tattoo studio and previously enjoyed decades of success as a hair salon for approximately 40 years. It would also be an ideal location for a massage therapy clinic, nail studio, or similar professional service. For added convenience, the commercial space includes two bathrooms, providing functionality and comfort for staff and clients alike. There is also plenty of parking available on-site for both tenants and customers, ensuring easy access and convenience for everyone. Upstairs, you’ll find two spacious 3-bedroom, 1-bath apartments, each with large private decks for relaxing and enjoying the peaceful setting. In one unit, the laundry room was converted from a bedroom and could be reverted back with some adjustments. Both apartments are occupied by excellent tenants, including one long-term tenant of over 8 years, and both would be very happy to stay (tenants pay their own utilities). Total monthly rent is $4,300, including a newly signed lease with a chain store for the commercial space. This property offers a strong investment opportunity, a rare find like this doesn’t come along often! (id:60351)
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Listed by Lyndon Johnston, Century 21 Seller's Choice Inc.
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Listing represented by Lyndon Johnston, Century 21 Seller's Choice Inc. · MLS# 1293628
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.