$769,000
Est. payment /mo
2,420 SqFt
Active
46 Argyle Street N Caledonia, ON N3W 2G6
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Key Details
Property Type Other Types
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2001 to 3000
Square Footage 2,420 sqft
Price per Sqft $317
MLS Listing ID H4202955
Property Sub-Type Investment
Property Description
Attention Investors! Rare opportunity to own this immaculately 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.
Location
State ON
County Haldimand County
Direction Hamilton Hwy 6 South to Caledonia
Interior
Heating Gas Forced Air Open
Inclusions Applicances in apartments.
Exterior
Garage Spaces 3.0
Utilities Available Yes
Waterfront Description None
Present Use RETAILSTORE
Lot Frontage 21.0
Lot Depth 66.0
Total Parking Spaces 3
Building
Sewer Sanitary
Water Municipal
Others
SqFt Source Other (see Remarks)
Listed by Realty Network
NEARBY SCHOOL & BUSINESS
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