09/25/2026
INVESTMENT OPPORTUNITY IN GREY COUNTY!
FIRST TIME FOR SALE IN 25 YEARS
6+% CAP RATE
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 $33,900
Apt A $18,000
Apt B $15,000
Apt C $12,528
Apt D $17,832
Total 2025 Gross Income : $97,260
Annual 2025 Expenses :
Heat & Hydro : $9,720
Property Tax : $3,775
Insurance : $3,619
Total 2025 Expenses: $17,114.00
Vacancy Allowance : (5% of Gross Income) $4,863.00
Repairs & Maintenance : (8% of Gross Income) $7,780.00
Total 2025 $12,643.00
Gross Income : $97,260.00
Less Expenses $29,757.00
Net Income (NOI) : $67,503.00
Don't miss this fantastic opportunity to own a buys and successful building along the Hwy 10 Corridor in this growing market area.
10 SYDENHAM STREET, Grey Highlands, Ontario N0C1H0