46 Argyle Street N Caledonia, Ontario N3W 2G6

2,420 ft2
Forced Air

$769,000

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:48215)

Property Details

MLS® Number XH4202955
Property Type Other
Features No Driveway
Parking Space Total 3

Building

Fire Protection Smoke Detectors
Heating Type Forced Air
Size Exterior 2420.0000
Size Interior 2,420 Ft2
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 66 Ft
Size Frontage 21 Ft
Size Total Text Under 1/2 Acre

https://www.realtor.ca/real-estate/27427344/46-argyle-street-n-caledonia

Neil Dring
Salesperson

(905) 730-8159
(905) 574-0026

Realty Network
431 Concession Street
Hamilton, Ontario L9A 1C1

(905) 389-3737
(905) 574-0026

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