Caledonia, ON N3W 2G6,46 Argyle Street N
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$ 769,000
Est. payment | /mo

2,420 SqFt


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$ 769,000
Est. payment | /mo
Save

2,420 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,420 sqft

Price per Sqft $317

MLS Listing ID XH4202955

Abv Grd Liv Area 2,420

Originating Board Hamilton - Burlington

Annual Tax Amount $4,929

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

Province ON

County Haldimand

Area Caledonia

Direction Hamilton Hwy 6 South to Caledonia

Interior

Heating Gas Forced Air Open

Fireplace No

Exterior

Garage None

Utilities Available Yes

Waterfront No

Lot Frontage 21.0

Lot Depth 66.0

Garage No

Building

Lot Description Urban

Faces Hamilton Hwy 6 South to Caledonia

Sewer Sanitary

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 381580006

Listed by Realty Network
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46 Argyle Street N