46 Argyle Street N , Caledonia, ON N3W 2G6
Caledonia, ON N3W 2G6
Description
Attention Investors! Rare opportunity to own this well maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level showcases an impressive 800+ square feet of commercial/retail space. 2nd level - you'll find an oversized 700+ square feet of living space residential unit. 3RD LEVEL - 1 bedroom residential unit & 3RD LEVEL/ATTIC - 1 bedroom bachelor apartment. All units are currently occupied by A++ Tenants, generating $55,920 annual gross rent. Many upgrades throughout the years include; AC System 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Serviced by 3 separate hydro meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario’s most rapidly growing towns and generating a positive cash flow. Fully rented units offer reliable income now with the opportunity to raise residential rents when/if the apartments become available to market prices. Contact LB for income/expense information.
Details
| MLS# | XH4202955 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 112 |
| Listing Provided By | Realty Network | Neil Dring |
Features
| SQ Feet | 2,420 |
|---|---|
| Units | 4 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Haldimand |
| City | Caledonia |
| Zip Code | N3W 2G6 |
| Area | Caledonia |
| Subarea | 630 Caledonia North West |
| Community Name | 630 Caledonia North West |
| Listing VS Median (in 630 Caledonia North West) | |
Price: $769,000 low | high Med: $659,900 SqFt: 2,420 low | high Med: 1,053 $ / SqFt: $318 low | high Med: $627 On Site: 112 low | high Med: 1.000000 | |
