Very rare opportunity to own an exceptionally well positioned mixed commercial/residential property in the heart of Ambleside's business district located on Clyde Avenue. This transitioning neighbourhood has ample street front parking as well as six pad parking stalls at the rear of the building accessible by the rear laneway. The property is located one block north of Marine Drive and two blocks north of Ambleside's popular Seawall and John Lawson Park. Take advantage of the many options available from easy management with only four tenants in total, have the ability to occupy the retail ground floor space by providing the tenants with six months notice or simply do nothing but collect the monthly rent and hold for future development .