46 Argyle Street N Caledonia, Ontario N3W 2G6
$789,000
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. (id:27910)
Business
| BusinessType | Other, Retail and Wholesale |
Property Details
| MLS® Number | H4184123 |
| Property Type | Other |
| AmenitiesNearBy | Recreation |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 3 |
Building
| CoolingType | Air Conditioned |
| FireProtection | Smoke Detectors |
| HeatingType | Forced Air |
| SizeExterior | 2420 Sqft |
| SizeInterior | 2420 Sqft |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Recreation |
| Sewer | Sanitary Sewer |
| SizeDepth | 66 Ft |
| SizeFrontage | 21 Ft |
| SizeIrregular | 21 X 66 |
| SizeTotalText | 21 X 66|under 1/2 Acre |
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February 06 2024 09:07:06
REALTORS® Association of Hamilton-Burlington
Realty Network