262-270 TELEGRAPH St

About this Property

An excellent investment opportunity in the heart of Alfred! This solid brick, two-storey mixed-use property offers approximately 6,400 sq. ft. of total building space and is zoned for up to six units. The property features three residential apartments on the second floor, all with existing leases, plus approximately 3,100 sq. ft. of commercial space on the main level, offering excellent potential for an owner-operator or investor. Previously occupied by the National Bank of Canada for many years, the commercial space includes a large retail area, four separate offices, a walk-in safe, storage space and handicap accessibility.Offering multiple income streams and future development potential, this property presents an exceptional opportunity for investors looking to maximize returns. With a potential net capitalization rate of 10.4%, this is an attractive addition to any investment portfolio. Whether you're looking to operate your own business, lease the commercial space, or explore the property's six-unit zoning potential, the possibilities are endless!

Listing Details

MLS #

X14160446

Board

PROPTX

Market

ontario

Property Type

Fourplex

Style

2-Storey

Garage

None

Parking Spaces

2

Basement

Unfinished

Heating

Forced Air

Cooling

Central Air

Pool

None

Lot Size

70 × 81.77 ft

Annual Taxes

$5,500/yr

Listed By

EXP REALTY

Listed On

November 6, 2026