308 Victoria Street N, Tweed, ON K0K 3J0
$419,900
$419,900

308 Victoria Street N

Tweed (Village), Tweed, Hastings $419,900

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4 Beds
3 Baths
2000-2500 sqft
Parking for 3
West Facing
MLS®#:
X12927474
Property Type:
Att/Row/Twnhouse
Property Style:
2-Storey
Area:
Hastings
Community:
Tweed (Village)
Taxes:
$2,158.21 / 2025
Added:
March 27 2026
Lot Frontage:
36.5
Lot Depth:
132
Status:
Active
Outside:
Brick
Year Built:
Basement:
Unfinished,Exposed Rock
Brokerage:
SOLID ROCK REALTY
Lot :

132

36

Intersection:
Highway 37 and Spring St W.
Rooms:
Bedrooms:
4
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:

Listing Details

Well maintained investment property in the heart of downtown Tweed. This is an excellent opportunity for investors or owner-operators. Featuring a vacant main level commercial space of approximately 670 sqft, complete with ample storage and a 3-piece bathroom, this unit provides immediate upside potential with the ability to secure your own tenant and set market rents.The upper-level 3-bedroom apartment (approx. 1,100 sqft) is tenant occupied and offers an upgraded open-concept kitchen with island, bright dining area, 4-piece bathroom, and in-suite laundry. The rear 1-bedroom apartment (approx. 480 sqft) is also tenant occupied and includes a kitchen, living area, and 3-piece bathroom.Recent updates include flooring, kitchens, and furnace (2019), with the roof approximately 13 years old. 2025 NOI totaled $40,541, reflecting a strong 9.68% cap rate when fully occupied. The building is serviced by 1 hydro meter and 1 gas meter, with 3 on-site parking spaces. Prime high-traffic location close to all amenities and only 30 minutes to Highway 401.24 hours' notice required for residential unit showings. 24-hour irrevocable on all offers.

2 Fridges, 2 Stoves, 1 washer and 1 dryer.

Insights

  1. Strong Investment Potential: The property boasts a 9.68% cap rate when fully occupied, indicating a solid return on investment for buyers looking to generate rental income.
  2. Versatile Commercial Space: The vacant main level commercial space of approximately 670 sqft offers immediate upside potential, allowing the new owner to secure tenants and set market rents, enhancing cash flow opportunities.
  3. Prime Location: Situated in the heart of downtown Tweed, the property is in a high-traffic area close to amenities and just 30 minutes from Highway 401, making it attractive for both residential and commercial tenants.

Sale/Lease History of 308 Victoria Street N

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Neighborhood Overview

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Tweed (Village) home prices

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Insights for 308 Victoria Street N

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)